IDG

Manus' parent Butterfly Effect says it raised $500M+, led by Boyu Capital and IDG Capital, in its first funding since Meta was forced to unwind its Manus buyout (www.cnbc.com)
19 hours ago IDG

Keyu Tian, a former ByteDance intern, raised ~$30M from 5Y and IDG for his unnamed AI lab that focuses on building world models, at a $200M post-money valuation (www.bloomberg.com)
1 day ago AI IDG

Sources: Shanghai-based Anew Labs, a ByteDance spinoff that uses AI for drug discovery, raised $290M from HSG, IDG Capital, and others at a $1.5B valuation (www.reuters.com)
18 days ago AI Shanghai IDG

Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating (www.reuters.com)
2026-8-24 China Alibaba Tencent Robot IDG

Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuation led by IDG Capital, with Alibaba and Tencent participating (www.scmp.com)
2026-1-1 China Alibaba AI Tencent IDG

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