Butterfly Effect

Butterfly Effect, parent of Manus, has announced a funding round of more than $500 million led by Boyu Capital and IDG, with Tencent, HSG and ZhenFund also participating. A reported $4 billion valuation has not been confirmed. The company has also launched Manus v2.0 and its personal agent Cue, and is building a China-focused team and partnerships with domestic model developers.