PixVerse has closed a $439 million Series C, backed by Alibaba and a group of international investors.

PixVerse raises US$439 million in a Series A extension to enhance AI video generation, expand globally, and strengthen its computing infrastructure.

Singapore-based video generation startup PixVerse closed a Series C extension on the strength of 15 million monthly active users, it said.

PixVerse closed a $439M Series C extension at a $2B+ valuation, highlighting the AI funding surge and what it means for crypto AI token projects.

PixVerse Closes Series C Extension, Bringing Total to USD 439 Million, and Announces Expansion Into Interactive Entertainment

PixVerse has closed a $439 million Series C, backed by Alibaba and a group of international investors.

Singapore-based AI video startup PixVerse is now valued at over $2 billion after an extended Series C round.

The investment adds to a wave of Chinese tech funding for world-model developers as Alibaba, Tencent and Baidu race to catch up with ByteDance in multimodal AI