Alibaba-backed AI video startup PixVerse has raised $300 million in new funding, based on Bloomberg, pushing the corporate to a valuation of greater than $1 billion as competitors in AI-generated video heats up.
A number of buyers joined the spherical, together with Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management, and 3W Fund, together with different backers, the report says.
The recent capital will probably be used to speed up international growth and assist PixVerse pursue extra enterprise prospects throughout North America and Asia. The report cited individuals accustomed to the matter who stated the small print weren’t public.
“This spherical marks a brand new chapter for PixVerse,” Co-founder Jaden Xie stated. “Our objective now’s to develop globally and make AI video creation accessible to creators and firms in all places.”
The brand new spherical builds on PixVerse’s earlier $60 million Sequence B, which was led by Alibaba in September 2025.
PixVerse is an AI-powered platform that enables customers to create movies. The corporate’s most important mannequin, V5.6, makes use of a proprietary Diffusion Transformer structure and might generate 1080p video in beneath a minute. PixVerse says the system helps audio-visual synchronisation, multi-character scenes, and longer narrative sequences.
The service has attracted greater than 100 million customers throughout 175 international locations. Round 16 million individuals actively use the platform every month, and customers have created greater than 2.1 billion movies up to now.
Lowered manufacturing value by 68%
PixVerse claims that enterprise groups utilizing its platform have seen manufacturing prices fall by about 68% whereas dashing up video creation by roughly 57% in contrast with conventional workflows. Nevertheless, the corporate didn’t disclose particular purchasers or independently verified benchmarks.
In January 2026, the corporate launched a real-time AI video-generation device, including to the competitors in a market the place startups are racing to enhance velocity, high quality, and management in video creation.
To assist its worldwide push, PixVerse has opened a worldwide workplace in Singapore. The brand new base will concentrate on enterprise gross sales, partnerships, and international market growth, significantly in North America and Asia.
Co-founder and CEO Changhu Wang stated the Singapore presence will assist the corporate join with companions, prospects, and expertise from around the globe. Wang can be a part of the Singapore Financial Growth Board’s World Founder Programme, which helps skilled entrepreneurs constructing firms from Singapore.
