AI video startup Higgsfield Inc. said it has received investment from Nvidia and TCV, with the new capital earmarked for global infrastructure buildout and talent hiring. The company is headquartered in San Francisco, while its engineering team is primarily based in Kazakhstan. Higgsfield said the latest financing is an extension of its Series B round completed in August. In that round, the company raised $400 million and reached a valuation of $5.4 billion. The announcement adds new detail to Higgsfield’s funding trajectory and shows where the company plans to deploy the proceeds from this extension round. No additional terms of the investment were disclosed in the brief update cited by ChainCatcher.
AI video startup Higgsfield Inc. has received investment from Nvidia and TCV, according to ChainCatcher. The company said the funding will be used to support global infrastructure expansion and hiring.
Higgsfield is headquartered in San Francisco, and its engineering team is mainly based in Kazakhstan.
The financing is an extension of the company’s Series B round from August. At that time, Higgsfield raised $400 million at a $5.4 billion valuation.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
