Higgsfield reached a valuation of $1.3 billion after a new round of investments

Higgsfield, a startup focused on AI-powered video generation, has raised $80 million in a new funding round, achieving a valuation exceeding $1.3 billion.

The additional Series A round was led by Accel, GFT Ventures, and Menlo Ventures. Based in San Francisco, Higgsfield operates in the rapidly growing AI video generation segment, with demand surging amid the generative AI boom.

According to the company, its annualized revenue based on current growth rates reaches $200 million, reflecting strong product interest. The platform’s primary users are social media marketers, who account for approximately 85% of all service usage.

Source: Reuters