AI video creation platform Higgsfield has raised $400M in a Series B round at a $5.4B valuation, quadrupling its $1.3B valuation from eight months prior. The company reports $700M in annualized revenue, 30 million users across 200 countries, and partnerships with 390 Fortune 500 companies. DST Global led the round, with participation from Goldman Sachs Alternatives, Valor Capital, and Tribe Capital.
Background
AI video generation has become one of the most competitive and compute-intensive areas in generative AI, with companies like Runway, Synthesia, and Pika vying for market share. Higgsfield, founded by former Snap executive Alex Mashrabov, distinguishes itself with filmmaker-focused tools and enterprise adoption.
- Source
- TechCrunch
- Published
- Aug 18, 2026 at 03:04 AM
- Score
- 7.0 / 10