According to The Science and Technology News on the STAR Market, the parent company of the intelligent product Manus, The Butterfly Effect (Butterfly Effect), is planning a new round of financing with a target amount of $100 million. The valuation in this round will reach $1.5 billion.
Insiders revealed that this round of financing will involve funds with state-owned capital background. The raised funds will mainly be used for expanding market business in China. This move shows The Butterfly Effect's emphasis on the Chinese market prospects, also indicating that the AI intelligent product Manus will accelerate its domestic landing and promotion.
Manus is one of the most attention-grabbing products in the field of intelligent agents in recent years. Thanks to its outstanding performance in natural language understanding, multi-turn dialogue, complex task execution, and other aspects, it has attracted a large number of developers and enterprises worldwide. The parent company, The Butterfly Effect, has become an industry unicorn due to its innovative capabilities in multimodal intelligent agent underlying technologies and AI toolchain integration.
If this round of financing is successfully completed, it will bring new growth momentum to The Butterfly Effect and introduce stronger product competitiveness to the Chinese AI market.