Video generation startup PixVerse raises $439M, valuation soars past $2B
Singapore-based video generation startup PixVerse said today that it has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion. With the cash, the company aims to expand its world model offering and reach customers across geographies.
- ▪Singapore-based video generation startup PixVerse said today that it has closed its Series C extension, with a total of $439 million raised in the round.
- ▪The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion.
- ▪With the cash, the company aims to expand its world model offering and reach customers across geographies.
Opening excerpt (first ~120 words) tap to expand
Singapore-based video generation startup PixVerse said today that it has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion. With the cash, the company aims to expand its world model offering and reach customers across geographies. The company closed its initial Series C round in March, led by CDH Investments. While it didn’t disclose the funding amount, Bloomberg reported it to be in the range of $300 million.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.