TLDR Tech / Design
Higgsfield Raises $400M Series B, Quadrupling its Valuation in 8 Months to $5.4B
Higgsfield raised a $400 million Series B at a $5.4 billion valuation, quadrupling its worth just eight months after a $1.3 billion valuation round. The AI video and image startup, founded by ex-Snap exec Alex Mashrabov, reported $700 million in annualized revenue, 30 million users, and partnerships with 390 Fortune 500 companies. Funds will support hiring, product development, and compute costs, with DST Global leading the round alongside Goldman Sachs Alternatives, Valor Capital, and Tribe Capital.
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