Manus raises over $500M at reported $4B valuation after Meta deal collapse
According to a TMTPost article, Butterfly Effect, Manus's parent company, said in an Oct. 8 announcement that it closed a new funding round of more than $500 million, led by Boyu Capital and IDG Capital, with existing backers Tencent, Sequoia China and ZhenFund following on. No post-money valuation was disclosed; the article cites late-September media reports putting it at roughly $4 billion — about double the nearly $2 billion Meta had agreed to pay before that acquisition was halted and the company returned to independent operation on Sept. 1. The article also describes the Sept. 28 launch of Manus 2.0 and the Cue personal agent app, the building of a China-focused team with domestic model partners, and ARR said to have grown from $100 million in December 2025 to a $400–500 million range by end-June 2026 — figures that were not officially confirmed.
It suggests independent agent startups can still win capital on revenue momentum even as Big Tech ships competing assistants, making the reported $4 billion valuation a reference point for pricing the agent market.