Video generation startup PixVerse raises 439 million dollars at 2 billion dollar valuation

1. Funding and Valuation

Singapore-based video-generation startup PixVerse has closed a Series C extension, raising $439 million. This latest tranche brings the company’s total valuation to over $2 billion. The extension round included participation from Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, alongside returning investors iGlobe Partners and OCBC’s Lion X Ventures. This follows an initial Series C round in March 2026, which was led by CDH Investments and reportedly raised approximately $300 million.

2. Company Background and Technology

Founded in 2023 by Wang Changhu, a former ByteDance computer vision expert, and Jaden Xie, a former executive director at Lighthouse Capital, PixVerse specializes in AI-driven video generation. The company offers a suite of models, including the V-Series for consumer and API use, the C-Series for professional film and commercial workflows, and the R-Series, which focuses on world-building for game development. PixVerse reports having 150 million registered users and 15 million monthly active users. The company emphasizes its proprietary data-labeling techniques as a key competitive advantage in the crowded AI video market.

3. Future Strategy and Market Outlook

PixVerse intends to use the new capital to expand its world model offerings, increase its global enterprise outreach, and hire additional research and go-to-market staff. The company currently employs 150 people across offices in Singapore, Beijing, and Shanghai. As part of its growth strategy, PixVerse has secured a partnership with investor Alibaba to deploy its video-generation features. Looking ahead, the startup plans to launch a new V-Series model and an updated version of its world model later this year, aiming to maintain its position against competitors such as Kling AI, Runway, and Luma.