PixVerse Raises $439 Million, Pushing Valuation Past $2 Billion
Updated
Updated · TechCrunch · Jul 14
PixVerse Raises $439 Million, Pushing Valuation Past $2 Billion
1 articles · Updated · TechCrunch · Jul 14
Summary
$439 million in Series C extension funding lifted Singapore-based PixVerse's valuation above $2 billion, adding to an initial March Series C reportedly worth about $300 million.
PixVerse said the cash will expand its world-model products and global enterprise reach, while funding hires in research and go-to-market teams across its 150-person operation.
Alibaba joined the extension round alongside Mirae Asset and other investors, and PixVerse already has a deployment deal with Alibaba for its video-generation features.
150 million registered users and 15 million monthly active users give PixVerse consumer scale as it pushes enterprise use cases in marketing, learning and creative work.
Competition is intensifying across AI video and world models, with ByteDance, Kling AI, Midjourney, Runway and Luma among rivals chasing the same market.