Artificial intelligence video generation startup Higgsfield raised an additional $80 million in Series A funding, bringing its total Series A funding to $130 million, with the company's valuation reaching $1.3 billion. The platform was founded by former Snap AI head Alex Mashrabov and currently has over 15 million users, with annual revenue reaching $200 million. The company emphasizes that its products are adopted by professional social media marketers and positions itself as a business tool. Investors participating in this Series A round include Accel, AI Capital Partners, Menlo Ventures, and GFT Ventures.
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Artificial intelligence video generation startup Higgsfield raised an additional $80 million in Series A funding, bringing its total Series A funding to $130 million, with the company's valuation reaching $1.3 billion. The platform was founded by former Snap AI head Alex Mashrabov and currently has over 15 million users, with annual revenue reaching $200 million. The company emphasizes that its products are adopted by professional social media marketers and positions itself as a business tool. Investors participating in this Series A round include Accel, AI Capital Partners, Menlo Ventures, and GFT Ventures.