Higgsfield raises $400 million in a Series B financing round at a reported $5.4 billion valuation, the company says. The funding is described as part of efforts to scale its business, with annualized revenue reaching about $700 million.
The PR Newswire release says the round is led by DST Global and includes new investment from firms including Tribe Capital, Growth Equity at Goldman Sachs Alternatives, Smash Capital, Fifth Wall, Valor Capital, Intel Capital, Liberty Global Tech Ventures, Mirae Asset Capital, and NTT DOCOMO Ventures. It also notes strategic investment participation from additional industry players, without detailing every term in the syndicated report.
Yahoo Finance echoes the headline figures—$400 million and a $5.4 billion valuation—without adding further specifics in the excerpt provided. Across the available sources, the agreed-upon points are the size of the round, the valuation, and the company’s stated annualized revenue figure.
