Manus Reportedly Raising $500M at $4B Valuation After Meta Split

智东西 · wechat · 2026-09-17

Manus parent Butterfly Effect is raising $500 million at a $4 billion valuation — double its previous mark — after being forced to split from Meta, Bloomberg reports, which would make it China's most valuable AI agent startup.

Meta announced the acquisition in late 2025 (reportedly its third-largest ever), but China's foreign investment safety review formally banned the deal in April; Tencent, Sequoia China and ZhenFund then bought back shares at $2 billion. Manus resumed independent operations on September 1 under its three co-founders. Its ARR reportedly grew from $100M to $400–500M during the Meta period. The article notes investors still back the agent layer, though model providers building their own general agents pose a growing competitive threat.

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