AI video generation startup Higgsfield announces a $400 million Series B funding round, reporting that the deal quadruples its valuation in about eight months. The company says it is now valued at $5.4 billion.
Higgsfield links the funding to rapid commercial growth. It says its annualized revenue reaches $700 million this month, up from $20 million a year earlier. The company states it plans to use the new capital to expand its “time and scale” and to grow go-to-market efforts as it seeks new business customers.
Across the coverage, the main emphasis is on the size of the round and the valuation jump, with both outlets citing the same figures for valuation and revenue growth. The differences are primarily in framing: one outlet highlights the valuation quadrupling timeline, while the other foregrounds the valuation figure and planned expansion for business customers.