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Nvidia backs AI video startup Higgsfield in series B extension

Higgsfield, a San Francisco-based AI video startup, said Nvidia and TCV joined a series B extension to fund infrastructure and hiring.

The announcement came during Nvidia chief executive Jensen Huang’s visit to Kazakhstan, as the chipmaker seeks to expand compute in the country’s AI ecosystem.

Higgsfield did not disclose the extension’s size or valuation. In August, the company announced a US$400 million series B at a US$5.4 billion valuation and said annualized revenue had reached US$700 million.

Higgsfield said it has more than 40 million registered users. Its website offers tools for product animation and video generation, and lists models including Sora, Kling, Veo, and Seedance.

US rival Runway, an AI video startup, raised US$315 million at a US$5.3 billion valuation in February 2026.

🔗 Source: Bloomberg

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