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PixVerse Hits $2B Valuation | Tech News
Description
PixVerse, the Singapore-born AI video startup, just smashed its valuation past $2 billion with a $439M Series C extension, fueling its push into global enterprise and game development with next-gen “world models.” Founded last year by ByteDance’s computer vision expert Wang Changhu and ex-Lighthouse Capital exec Jaden Xie, the company already boasts 150M registered users and 15M monthly active users, offering high-res video generation at just $4.80/min. Backed by Alibaba, Lollapalooza Capital, and Mirae Asset, PixVerse is ramping up hiring and launching new models—including a V-Series update and enhanced world models—while eyeing deeper partnerships with its investors to dominate the booming AI video space.
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