What is Higgsfield and what does it do?

Higgsfield is an AI video generation startup that offers a tool for creating and editing AI-generated videos for consumers and professionals.

How much funding has Higgsfield raised and what is its valuation?

Higgsfield has raised a total of $130 million in its Series A round and achieved a valuation of $1.3 billion.

Who founded Higgsfield and what is its user growth?

Higgsfield was founded by Alex Mashrabov and has reached over 15 million users in nine months.

Home / Business and Economy / Higgsfield Hits $1.3B Valuation with $80M Funding Boost

Higgsfield Hits $1.3B Valuation with $80M Funding Boost

16 Jan

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Summary

Higgsfield secured an additional $80 million, boosting its Series A to $130 million.
The AI video generation startup now boasts a valuation of $1.3 billion.
Higgsfield reached over 15 million users and a $200 million annual revenue run rate.

Higgsfield Hits $1.3B Valuation with $80M Funding Boost

AI video generation startup Higgsfield has significantly boosted its funding, extending its Series A round by an additional $80 million. This latest investment brings the total Series A capital to $130 million, following an initial $50 million close. The company announced it has achieved a valuation of $1.3 billion, marking a substantial milestone shortly after its launch.

Higgsfield, founded by Alex Mashrabov, who previously led Generative AI at Snap, provides a tool for consumers and professionals to create and edit AI-generated videos. The platform has seen remarkable user adoption, reaching over 15 million users within nine months. Furthermore, Higgsfield reports an annual revenue run rate of $200 million, a figure that has doubled in approximately two months, indicating accelerated business growth.