AgentsNEWAI agentsLiveHuman in loop: unclear
Manus raises over $500M in its first round since Meta's deal was unwound
Manus' parent Butterfly Effect says it raised over $500 million, led by Boyu Capital and IDG Capital with Tencent, HSG and ZhenFund, TechCrunch reports. It gave no valuation. China had ordered Meta's $2 billion deal unwound.
Why it matters: CNBC says the raise shows appetite for agent startups has held up even as models improve fast and price competition grows.
From Drop #012 · Thu, Oct 8 · Evening