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Series B at $5.4B
AI video and image creation startup Higgsfield said it raised $400 million in a Series B at a $5.4 billion valuation, quadrupling its valuation in about six months on demand for AI-generated marketing and media content.
“saw its valuation quadruple in about six months to $5.4 billion”
The round was led by DST Capital, with participation from Growth Equity at Goldman Sachs Alternatives, Tribe Capital, and Intel Capital, and it followed Higgsfield’s earlier valuation of more than $1.3 billion in January after raising more than $130 million across its Series A financing rounds.
Higgsfield said its annualized revenue reached $700 million this month, and it reported global users doubling since January to over 30 million.
In a release, the company said it plans to use the funding for global sales and management operations, alongside investments in infrastructure, research and hiring, and it described its enterprise customer base as spanning advertising and marketing, entertainment and broadcasting among other sectors.
Investors and executives
Higgsfield’s Series B drew a wide group of investors, including Accel, Menlo Ventures, and GFT Ventures, and it also listed strategic investments spanning compute, connectivity, distribution, media and advertising.
In the announcement, Alex Mashrabov, Co-Founder & CEO of Higgsfield, said, "Every business needs visual content, but creating it at the quality, speed and scale companies demand remains complex and expensive," linking the funding to the need to deliver content faster.
DST Global founder Yuri Milner said, "Every major technology revolution in media gives birth to a new creative medium and spurs growth," while Smash Capital co-founder Kevin Mayer said Higgsfield was laying "the groundwork for a new era of human creativity."
The company also said supermodel and impact investor Natalia Vodianova Arnault joined the round as an investor and advisor, and it quoted her saying, "Higgsfield gives them amazing tools to tell their story."
Compute, customers, and next steps
Higgsfield said the new capital will fund continued investment in research and development, expand global infrastructure, recruit elite AI talent, and scale its global go-to-market efforts, while it also described compute as a central constraint for AI video.
“The financing will be used to fund continued investment in research and development”
Tech Funding News reported that Higgsfield’s annualised revenue reached $500 million and that it had closed an $80 million Series A extension in January, taking that round to $130 million, before the Series B closed at $5.4 billion.
The company said it powers visual production for 390 of the Fortune 500 and that it has more than 30 million users globally across 238 countries and territories, with the United States as its largest market.
Higgsfield also outlined initiatives tied to its business expansion, including Higgsfield Academy, which it said attracted more than 400,000 interactive course visitors and 67,000 lesson completions, and Higgsfield For Good, launching in September 2026 with YGA, which it said has reached 1.9 million students over more than 25 years.