PixVerse raises $439M Series C extension at over $2B valuation to expand video-generation tools

Singapore-based video-generation startup PixVerse announced the close of a $439 million Series C extension, bringing its valuation above $2 billion. The company said the new tranche elevates its total funding raised to date.

PixVerse previously closed the initial Series C in March, led by CDH Investments, though it did not disclose the amount raised in that round. Investors in the extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, with returning backers iGlobe Partners and OCBC’s Lion X Ventures also participating.

The company offers multiple video-generation models: a V-Series for consumer and API use, a C-Series tailored to professional film and commercial workflows, and an R-Series of world models for game development and world-building released earlier this year. Users can generate videos up to 4K resolution with audio included via PixVerse’s tool.

PixVerse reports over 150 million registered users and more than 15 million monthly active users for its consumer product, though it did not specify how many are paying users. The company lists a rate of $4.80 per minute for image-to-video generation.

With the new funding, PixVerse aims to expand its world model offerings, deepen enterprise adoption globally, and hire more researchers and go-to-market staff. It already has a deployment agreement with investor Alibaba and plans to launch a new V-Series model and an updated world model this year.

PixVerse was founded in 2023 by Wang Changhu and Jaden Xie. Changhu previously worked on computer vision at ByteDance, and Xie was an executive director at Lighthouse Capital. The startup employs 150 people across offices in Singapore, Beijing, and Shanghai.