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Manus Is Back. And $500M+ Richer.

AI dominates this week's Southeast Asia startup funding news, with more than $670M reported across Butterfly Effect, Supabase and OneByZero. From AI agents to developer infrastructure and enterprise adoption, investors are backing the companies powering the next wave of AI.

09 Oct 2026

Manus Is Back. And $500M+ Richer.

  • OneByZero, a Singapore-based startup that enables enterprises to integrate AI into existing systems and workflows, has raised USD 20 million in a Series A funding round led by Jungle Ventures, marking its first external capital injection.

  • Supabase, an open-source developer platform for building applications on Postgres headquartered in Singapore and the US, has raised USD 150 million in a funding round led by GIC, with participation from CapitalG, IronArc Ventures, and Square Peg. The investment, driven by rising demand from AI-powered tools, coincides with the company's acquisition of database startup Turso.

  • Butterfly Effect, the Singapore-headquartered parent company of AI agent developer Manus, has raised over USD 500 million in a funding round co-led by Boyu Capital and IDG Capital, with participation from existing investors Tencent, HSG, and ZhenFund. The financing follows the unwinding of its acquisition by Meta and a return to independent operations, though valuation details and capital allocation plans were not disclosed.

That’s it for this week. Have a great weekend!