Higgsfield Raises $400M Series B at $5.4B Valuation, Quadrupling Worth in Eight Months
Summary
AI video and image platform Higgsfield raises $400M in a Series B round, skyrocketing to a $5.4B valuation — quadrupling its worth in just eight months — as it reports $700M in annualized revenue, 30 million users, and partnerships with 390 Fortune 500 companies.
Key Points
- Higgsfield has raised a $400 million Series B at a $5.4 billion valuation, quadrupling its worth in just eight months after a previous $1.3 billion valuation.
- The AI video and image platform, founded by former Snap exec Alex Mashrabov, is reporting $700 million in annualized revenue, 30 million users across 200 countries, and partnerships with 390 Fortune 500 companies.
- DST Global led the round, with Goldman Sachs Alternatives, Valor Capital, and Tribe Capital joining, with funds earmarked for hiring, product development, and compute capacity to compete with rivals like Synthesia and Runway.