FundingOct 8, 2026Entry № 912
Manus parent Butterfly Effect raises over $500M, the largest single round for a Chinese Agent startup
Butterfly Effect (Manus) has raised over $500M (RMB 3.352B) in a new round led by Boyu Capital and IDG Capital, with existing backers Tencent, Sequoia Capital China, and ZhenFund participating, making it the largest single round for a Chinese agent-native startup. The company resumed independent operations on Sept 1 after shareholders bought back equity at a $2B valuation. It did not specify use of funds, but posted 17 Beijing roles across product, R&D, operations, and growth on announcement day.
Original sources (Chinese)
再裁员5000人！保时捷明确回归燃油车，高端车型计划涨价20%；腾讯拟发行50亿美元离岸债券，或筹钱加码AI；OpenAI全面上线GPT-6谷歌云发布 Gemini Agent；Manus 官宣五亿美元融资；小鹏上线 Robotaxi 打车小程序Manus，没能逃出巨头的游戏