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Higgsfield Extends Series A to $130M, Reaches $1.3B Valuation as AI Video Platform Scales Rapidly

AI video generation startup Higgsfield has raised an additional $80 million through an extension of its previously announced $50 million Series A, bringing the round to $130 million and valuing the company at $1.3 billion. The company was founded by Alex Mashrabov, former Head of Generative AI at Snap and co-founder of AI Factory, which Snap acquired in 2020.

Higgsfield develops AI-powered tools that enable creators, brands, and social media teams to generate and edit short-form video content. Nine months after launch, the platform reports more than 15 million users and an annualized revenue run rate of $200 million, doubling in recent months.

The Series A extension included participation from Accel, Menlo Ventures, AI Capital Partners, and GFT Ventures, supporting continued product expansion and enterprise adoption.

Featured image: Credit: Higgsfield

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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