Video generation startup PixVerse raises $439M, valuation exceeds $2B
Singapore-based video generation startup PixVerse has secured $439 million in a Series C extension, pushing its valuation beyond the $2 billion mark.
PixVerse, a Singapore-headquartered startup specializing in AI-powered video generation, announced on July 13, 2026, that it has closed a Series C extension round, raising a total of $439 million. This latest funding brings the company's valuation to over $2 billion. The newly acquired capital is earmarked for expanding its "world model" offerings and facilitating broader customer reach internationally.
The company commenced its Series C funding in March, led by CDH Investments. While the initial amount was undisclosed, reports suggested it was around $300 million. The extension round saw participation from investors including Alibaba, Lollapalooza Capital, and Mirae Asset, joining returning backers such as iGlobe Partners and OCBC's LionX Ventures.
Founded in 2023 by Wang Changhu and Jaden Xie, PixVerse's technology includes multiple models. The V-Series is designed for consumer and API applications, the C-Series caters to professional film and commercial workflows, and the R-Series focuses on "world models" for game development and virtual environment creation. Users can generate videos up to 4K resolution with integrated audio.
PixVerse reports a substantial user base, with over 150 million registered users and 15 million monthly active users for its consumer product. The service offers image-to-video generation at a rate of $4.80 per minute. Co-founder Jaden Xie noted the limited competition capable of producing high-quality video models in the current market.