Nvidia & TCV Invest in AI Video Startup Higgsfield
Nvidia and TCV invest in AI video startup Higgsfield in a Series B extension after its $400M August round.
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Higgsfield, the AI video and image generation startup founded by former Snap executive Alex Mashrabov, has extended its Series B round with new investments from Nvidia and TCV. The company did not disclose the amounts or its new valuation. It is Nvidia’s first investment in Higgsfield.
The extension follows the August Series B, led by DST Global, which raised USD 400 million at a USD 5.4 billion valuation. Proceeds will go toward product development, global infrastructure, hiring and go-to-market expansion.
Higgsfield uses Nvidia Dynamo to deploy custom inference workloads on its own GPUs. The company keeps an engineering base in Kazakhstan, and the announcement coincided with Nvidia CEO Jensen Huang’s first visit to the country.
“Every brand, studio and creator now needs more visual content than traditional production can supply, and a new category is forming to meet that demand,” said Alex Mashrabov, CEO, Higgsfield.
“We believe Alex and the Higgsfield team are delivering on a powerful vision at a pace of product velocity and market adoption that we have rarely seen,” said Neil Tolaney, General Partner, TCV.
Higgsfield, the AI video and image generation startup founded by former Snap executive Alex Mashrabov, has extended its Series B round with new investments from Nvidia and TCV. The company did not disclose the amounts or its new valuation. It is Nvidia’s first investment in Higgsfield.
The extension follows the August Series B, led by DST Global, which raised USD 400 million at a USD 5.4 billion valuation. Proceeds will go toward product development, global infrastructure, hiring and go-to-market expansion.
Higgsfield uses Nvidia Dynamo to deploy custom inference workloads on its own GPUs. The company keeps an engineering base in Kazakhstan, and the announcement coincided with Nvidia CEO Jensen Huang’s first visit to the country.
“Every brand, studio and creator now needs more visual content than traditional production can supply, and a new category is forming to meet that demand,” said Alex Mashrabov, CEO, Higgsfield.
“We believe Alex and the Higgsfield team are delivering on a powerful vision at a pace of product velocity and market adoption that we have rarely seen,” said Neil Tolaney, General Partner, TCV.
