PixVerse raises $439M Series C extension, valuation tops $2B
Original: Video generation startup PixVerse raises $439M, valuation soars past $2B
Why This Matters
The raise signals sustained investor confidence in AI video generation as a high-growth commercial market.
Singapore-based video generation startup PixVerse closed a Series C extension totaling $439M, pushing its valuation above $2B. Investors include Alibaba, Mirae Asset, and BlueFocus. The company reports 150M registered users and 15M monthly active users.
Singapore-based video generation startup PixVerse announced the close of its Series C extension round totaling $439 million, bringing its valuation past $2 billion. The initial Series C, led by CDH Investments and closed in March, was reported by Bloomberg to be approximately $300 million. New investors in the extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, alongside returning investors iGlobe Partners and OCBC's LionX Ventures.
Founded in 2023 by Wang Changhu and Jaden Xie, PixVerse offers a V-Series model for consumer and API use, a C-Series for professional film and commercial workflows, and an R-Series of world models for game development. The platform supports up to 4K resolution video with integrated audio, and offers image-to-video generation at $4.80 per minute.
The company claims 150 million registered users and 15 million monthly active users. Co-founder Xie cited proprietary data-labeling technology—rooted in Changhu's computer vision work at ByteDance—as a key competitive differentiator. Xie also noted that OpenAI shut down Sora 2 and that Meta and Tencent have struggled to produce high-quality video models, leaving few serious competitors. PixVerse plans to expand enterprise outreach globally and has an existing deployment deal with investor Alibaba.