pixverse raises PixVerse, the Singapore-based video-generation startup, says it has raised a total of $439 million in its Series C extension, pushing its valuation past $2 billion. The company said the new funding will help it expand its world model offering and broaden its customer reach across geographies as competition intensifies in both consumer and enterprise AI video.
pixverse raises
Funding round lifts valuation above $2 billion
PixVerse told TechCrunch that the Series C extension brought the round’s total size to $439 million. The company had already closed an initial Series C in March, led by CDH Investments. At the time, PixVerse did not disclose the amount, though Bloomberg reported the round was in the range of $300 million.
With the latest tranche, PixVerse said its valuation has crossed $2 billion. The extension included a mix of new and returning backers. Investors named by the company 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 Lion X Ventures.
What PixVerse is building
Founded in 2023 by Wang Changhu and Jaden Xie, PixVerse has positioned itself around multiple video and world-model products. Changhu previously worked at ByteDance on computer vision, while Xie was an executive director at investment firm Lighthouse Capital.
The startup offers several model families. Its V-Series is designed for consumer use and API access. The C-Series is aimed at professional film and commercial workflows. PixVerse also released an R-Series of world models earlier this year for game development and world building.
According to the company, its tools can generate videos in up to 4K resolution with audio baked in. PixVerse says its consumer product has more than 150 million registered users and over 15 million monthly active users. The company did not disclose how many of those users are paying customers, but it does offer image-to-video generation at a listed rate of $4.80 per minute.
Management sees opportunity in both consumer and enterprise use
Co-founder Jaden Xie said the market for video generation remains large, but argued that only a small number of companies are meaningfully advancing the technology.
“OpenAI exited the business when they shut down Sora 2. Other companies like Meta and Tencent are not able to create high-quality video models. So there are only a few companies that can meet the quality bar,” he told TechCrunch.
He also said the opportunity spans both consumer and enterprise use cases. On the consumer side, he pointed to users making videos for fun and consuming short-form AI-generated content. On the business side, he said enterprises are adopting video generation for creative, learning, and marketing applications.
PixVerse says labeling gives it an edge
While many AI video companies now claim strong output quality, Xie said PixVerse’s differentiator is not simply the amount of data it can access.
“We think the key difference is not in data, but how you label it, because data is available everywhere. My co-founder worked at ByteDance, where he built core visual understanding technology behind TikTok using AI. Using this tech, TikTok was able to label data accurately and build a strong recommendation algorithm. This experience comes in handy when building a video-generation platform,” Xie said.
That emphasis reflects a broader industry reality: as foundation models mature, companies are increasingly looking for ways to improve output quality through better data curation, labeling, and workflow integration rather than raw scale alone.
Expansion plans across enterprise and geography
PixVerse said the new capital will support a bigger push into enterprise sales and international markets. The company already has a deal with Alibaba, one of its investors, to deploy video-generation features. PixVerse said it wants to expand that enterprise outreach globally.
Product-wise, the company plans to launch a new V-Series model for video generation and release a new version of its world model later this year. It currently has 150 employees across offices in Singapore, Beijing, and Shanghai, and says the new funding will help it hire more researchers as well as additional go-to-market staff.
A crowded and fast-moving market
PixVerse’s fundraise comes as video generation is becoming one of the most active areas in AI. In Asia, it faces competitors such as ByteDance’s Seedance model, Video Rebirth from former Tencent AI head Dr. Wei Liu, and Kling AI. In the West, rivals include Midjourney, Runway, and Luma.
The company also noted that multiple startups founded by prominent AI researchers, including those associated with Yann LeCun and Fei-Fei Li, are building world models. That broader race suggests the market is not only about creating short AI videos, but also about developing systems that understand and simulate environments for gaming, content production, and other interactive applications.
For PixVerse, the challenge now is to convert its user base and technical claims into durable enterprise adoption while continuing to scale its consumer platform. The company’s latest raise gives it more room to compete, but it also places it squarely in a segment where product quality, model efficiency, and distribution are all becoming decisive factors.
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Source: Original report
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Last Modified: July 14, 2026 at 6:19 pm
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