Pixverse
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· Headquartered in Singapore 🇸🇬
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Overview
Pixverse, an AI video startup backed by Alibaba, has raised $300 million in funding, elevating its valuation to over $1 billion. The investment aims to accelerate global expansion and attract more enterprise customers in North America and Asia. Key investors include Antler, EnvisionX Capital, and UOB Venture Management. Pixverse's platform reduces video production costs by 68% and speeds up creation by 57%, with over 100 million users and 2.1 billion videos created to date.
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Investors: Antler, EnvisionX Capital, UOB Venture Management
Pixverse, an AI video startup backed by Alibaba, has raised $300 million in funding, elevating its valuation to over $1 billion. The investment aims to accelerate global expansion and attract more enterprise customers in North America and Asia. Key investors include Antler, EnvisionX Capital, and UOB Venture Management. Pixverse's platform reduces video production costs by 68% and speeds up creation by 57%, with over 100 million users and 2.1 billion videos created to date.
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