Capital de TokensManus raises more than $500 million after the Meta deal falls through
Watch on YouTube Manus was set to be acquired by Meta for $2 billion. The deal fell through, and now its parent company, Butterfly Effect, says it has raised more than $500 million in a funding round. It is the first since the company resumed operating independently. Who is putting up that money? According to the information published
Manus was set to be acquired by Meta for $2 billion. The deal fell through, and now its parent company, Butterfly Effect, says it has raised more than $500 million in a funding round. It is the first since the company resumed operating independently. Who is putting up that money? According to information published by TechCrunch, Boyu Capital and IDG Capital led the round. Existing shareholders also participated, including Tencent, HSG—formerly known as Sequoia China—and ZhenFund. Manus announced the transaction on WeChat and said it would continue hiring staff both inside and outside China.
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