According to ChainCatcher, Meta has acquired Butterfly Effect, the company that develops the AI app Manus, for billions of dollars. This is Meta's third-largest acquisition to date, after WhatsApp and ScaleAI.
We understand that prior to the Meta acquisition, Manus was raising a new round of funding at a valuation of $2 billion. "It was so fast that I even doubted whether it was a fake offer," said Liu Yuan, partner at ZhenFund and angel investor in Butterfly Effect. The acquisition negotiations were completed in an extremely short time, lasting only about ten days.
