Butterfly Effect, the parent company of Manus, has completed a new funding round worth more than $500 million, according to a post published on the company’s official WeChat account and cited by PANews on Oct. 8. The round was co-led by Boyu Capital and IDG Capital. Existing investors Tencent, Sequoia China, and ZhenFund also participated in the financing. Alongside the fundraising update, Butterfly Effect said it is continuing recruitment efforts for roles serving both domestic and overseas markets. The company did not disclose additional terms in the brief announcement. PANews noted that the information was provided for market reference and does not constitute investment advice.
Butterfly Effect, the parent company of Manus, has completed a new funding round of more than $500 million, according to the company’s official WeChat account cited by PANews on Oct. 8.
The round was co-led by Boyu Capital and IDG Capital. Existing shareholders Tencent, Sequoia China, and ZhenFund continued to invest in the round.
Butterfly Effect also said it is continuing recruitment for positions serving domestic and overseas markets.
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