zhenfund

ChainCatcher news, Manus founder and CEO Xiao Hong stated in an interview with Tencent Technology that as of now, Manus's parent company Butterfly Effect has completed two rounds of financing, with a total scale exceeding 10 million USD. The first round of investors was ZhenFund (ZhenFund was Xiao Hong's angel investor in his previous venture, and they invested all the funds earned from Xiao Hong's last project into this project); the second round of investors includes Sequoia China, Tencent, ZhenFund, and Wang Huiwen.In 2023, under the facilitation of investors, the company brought in core members such as Ji Yichao (former founder and CEO of Peak Labs, now Chief Scientist of Manus AI) and Zhang Tao (former product head of Beyond Lightyears, now product head of Manus AI).

ChainCatcher news, Web3 digital bank iPeakoin has completed nearly $10 million in Series A financing, led by ZhenFund. It is reported that iPeakoin is a fintech platform dedicated to bridging the gap between traditional finance and cryptocurrency. The company aims to create a new generation of banking for global enterprises, allowing for better control of corporate funds and simplifying transactions. It streamlines the KYC processes for fiat currency settlement, exchange, and payments, and integrates with cryptocurrency wallets.

Chain Catcher news, the tech maker community Moonshot Commons (formerly Moonshot Factory) has completed its seed round financing, with the specific amount undisclosed. Investors include Hash Global, HashKey, ZhenFund, Zhichun Capital, ChainIDE, Shixiang Technology, RSS3, Paeonia Ventures, and individual investors such as Mandy, founder of Planet Daily, and Jocy Lin, founding partner of IOSG Ventures. This round of financing will be used to expand the campus network and productization efforts.Moonshot Commons was established in early 2021 by Gen Z engineers from the University of Chicago, Vassar College, the University of Pennsylvania, Parsons School of Design, Zhejiang University, and the tech company Meta, aiming to create a more inclusive entrepreneurial sandbox for Web3 or tech developers and entrepreneurs worldwide. (Source link)