Higgsfield Valued at $5.4B After Raising $400M in Funding Round

Higgsfield, a video generation platform, has secured $400 million in funding at a valuation of $5.4 billion. This represents a significant increase from its previous valuation of $1.3 billion just eight months ago.

The round was led by Goldman Sachs and DST Global, with participation from other investors including Liberty Global, Intel, and Tribe Capital. The new capital will be used to expand Higgsfield's enterprise products, improve security, and upgrade computing power.

Founded in 2023 by Alex Mashrabov, who previously ran generative AI at Snap, Higgsfield has seen rapid growth. Its annualized revenue now stands at $500 million, driven primarily by enterprise marketing customers.