Video generation startup PixVerse completes 4

Video generation startup PixVerse completed Series C financing of US$439 million, with a valuation exceeding US$2 billion. Singapore-based video generation startup PixVerse announced the completion of Series C financing on July 13, 2026, raising a total of US$439 million in funding. The company's valuation soared to more than US$2 billion. This round of financing was participated by many well-known institutions such as Alibaba, Lollapalooza Capital, and Lion The newly injected funds will be mainly used to expand its global model services, recruit research and marketing personnel, and accelerate the global layout of enterprise-level business. PixVerse was founded in 2023 by Wang Changhu, a former ByteDance computer vision expert, and Jieden Xie, a former executive director of Lightspeed. Relying on its unique AI data annotation technology and core visual understanding advantages, the company has built a diversified product matrix, including V series video models for consumers, C series for professional workflows, and R series world models for game development, supporting the generation of videos with up to 4K resolution and audio. Currently, the number of registered users of its consumer products has exceeded 150 million. Under the market background of OpenAI closing the Sora2 project and giants such as Meta and Tencent facing challenges in high-quality video models, competition in the field of video generation is concentrating on a few leading companies. PixVerse has reached a feature deployment agreement with Alibaba and is facing fierce competition from competitors such as ByteDance Seedance, Kling AI and Runway in the Asian, European and American markets. This large amount of financing not only verifies capital’s continued optimism for high-quality video generation technology, but also indicates that the commercialization of global AI multi-modal tracks is accelerating. via AI News (author: AI Base)