PixVerse closes Series C extension after hitting 15 million monthly users

PixVerse closed a Series C extension after saying its video-generation platform had reached 15 million monthly active users. The Singapore-based startup said the financing was led by CDH Investments and included Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management and 3W Fund, pushing it into global AI unicorn territory.

The company said the new money will support expansion from its Singapore office, with enterprise sales, partnerships and market development as priorities in North America and Asia. PixVerse has tried to frame that push around scale rather than hype: by September 2025 it said it had surpassed 100 million users across 175 countries and generated more than 2.1 billion videos.

That user growth comes as investors keep rewarding AI media platforms that can show both consumer reach and a path to paid demand. PixVerse’s own numbers suggest it is trying to prove both. In September 2025, founder and chief executive Wang Changhu said subscription revenue from PixVerse’s products was already covering most of the company’s costs, a sign that the business is not relying only on investor capital to stay afloat.

The startup has also tied its rise to product launches. In January 2026, PixVerse launched R1, which it describes as a real-time video generation model, and it continues to roll out V5.6. The company says V5.6 has been independently benchmarked among the world’s leading video generation models, a claim it is using to support its case that the platform can compete beyond novelty and social sharing.

PixVerse has also leaned on enterprise claims to show commercial traction. The company says teams using its platform have reported 68% lower costs and 57% faster production than traditional workflows. Those numbers matter because they point to a more durable revenue story than consumer buzz alone, even as the broader market keeps testing whether AI video startups can sustain premium valuations.

TechCrunch has said the extension brought total fresh funding to $439 million and lifted PixVerse’s valuation above $2 billion, underscoring how aggressively investors are still backing user growth in generative video. For PixVerse, the challenge now is turning that momentum, and those millions of users, into repeatable enterprise revenue that justifies the capital already flowing in.