STAR Market attracts fresh funding as AI agents draw capital amid tighter regulation; Butterfly Effect's Manus Lab raises over $500M in a first post-Meta deal round.
Manus-related funding has surged, led by Boyu Capital and IDG Capital, with strategic follow-ons from Tencent, HSG and ZhenFund. Manus has resumed independent operations after its split from Meta, pursuing global growth and a potential Hong Kong listing, while market appetite for AI agents remains strong amid regulatory concerns in China.