PixVerse, a leading AI video platform with over 100 million users globally, has announced a successful Series B funding round, raising $60 million.
The investment, spearheaded by Alibaba with participation from new investor Antler, is set to accelerate the worldwide adoption of PixVerse’s AI video creation tools, making high-quality video production more accessible to creators, businesses, and everyday users.
The company highlighted the significance of this funding as a testament to the potential of the AI video market and the trust it has garnered from its global community.
“Over the past two years, more than 100 million users have turned their imagination into video on PixVerse, inspiring us to keep pushing the boundaries of what’s possible,” the company said in a statement.
Recently, PixVerse launched its latest model, PixVerse V5, which improves motion quality, visual performance, and prompt accuracy whilst maintaining high generation speed. This model has been benchmarked first in image-to-video and second in text-to-video by Artificial Analysis.
The platform’s viral Venom Effect template, introduced with PixVerse V3, has already generated over one billion views on social media.
PixVerse continues to expand beyond entertainment into sectors such as advertising, e-commerce, and education. With its rapid growth and presence in over 175 countries, PixVerse is committed to making video creation accessible to all, aiming to reach billions who have yet to explore video as a medium for communication and storytelling.
