#HongShan

Coverage under HongShan focuses on the firm’s activity across venture capital, startup funding, and broader technology investing, including its role in backing emerging companies and shaping regional innovation trends. The archive highlights news and analysis related to its investments, strategic positioning, and connections to the evolving AI and startup ecosystem.

Butterfly Effect raises over $500M for Manus

Butterfly Effect raised more than $500 million for Manus in a round led by Boyu Capital and IDG Capital after the Meta deal unwind.

Oct 12, 2026 · 3 min