Video generation startup PixVerse has secured $439 million in a Series C extension funding round, pushing its valuation beyond $2 billion. The company plans to use this capital to enhance its world model offerings and expand its global customer base. PixVerse, founded in 2023, offers various video generation models for consumer and professional use, boasting over 150 million registered users for its consumer product. AI
IMPACT This significant funding may accelerate advancements in AI video generation technology and increase competition in the market.
RANK_REASON Major funding round for an AI-adjacent startup.
- PixVerse
- TechCrunch
- Alibaba
- ByteDance
- CDH Investments
- CloudAlpha
- Eastern Bell Capital
- Grand Mount Capital
- iGlobe Partners
- Ivy Capital
- Jaden Xie
- Lion X Ventures
- Lollapalooza Capital
- Meta
- OpenAI
- Tencent
- Wang Changhu
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