# Higgsfield Funding: Valuation, Investors & the $5B Round in Talks

> Higgsfield is in talks to raise $300-500M at a $5 billion valuation, up 4x from January 2026, as its AI video revenue quadrupled to $500M ARR. Here's what's confirmed and what isn't.

_[Wortins Blog](https://www.wortins.com/blog) · Published Wednesday, July 8, 2026_

**Higgsfield is in talks to raise $300-500 million at a roughly $5 billion pre-money valuation** — about 4x where it was priced just six months earlier — after its annualized revenue quadrupled from $200 million to $500 million between December 2025 and June 2026. The round, first reported by The Information, has **not closed**, and DST Global is reportedly among the investors discussing terms. What has closed: $130 million across a Series A and extension that valued the AI video-generation startup at $1.3 billion in January 2026.

Here's what's confirmed, what's still just talk, and why the trajectory matters.

## What is Higgsfield?

Higgsfield is an **AI video-generation platform** founded in October 2023 by **Alex Mashrabov**, along with co-founders Yerzat Dulat and Mahi de Silva. Mashrabov previously led generative AI at Snap, having landed there after Snap acquired his prior startup, AI Factory, for $166 million in 2020 — technology that went on to power Snapchat's face filters.

Higgsfield's pitch is "cinematic camera language" for AI video: rather than generic text-to-video, it gives creators controls modeled on real film techniques — camera moves, angles, motion — to make AI-generated clips look directed rather than generated. It launched aimed at consumer creators and social media teams, then pivoted hard toward enterprise: the company now says roughly 70% of its revenue comes from enterprise customers on a per-seat, per-render subscription model, and it reportedly generates around 4.5 million video clips a day.

The growth curve is the real story. Higgsfield hit 11 million users and $50 million in annualized revenue within five months of launch. By month nine it had 15 million users across 240 countries and $200 million ARR. By June 2026, that run rate had reportedly hit $500 million.

## The raise / valuation

What's actually closed, confirmed by multiple outlets including TechCrunch:

- **$50 million Series A** — September 2025, led by **GFT Ventures**, at a $1 billion valuation
- **$80 million Series A extension** — January 2026, led by **Accel**, at a **$1.3 billion valuation**
- **Total raised to date: $130 million**

What's reportedly in progress, [first reported by The Information](https://thenextweb.com/news/higgsfield-ai-5bn-valuation-funding-round) as of early July 2026:

- Higgsfield is **seeking $300-500 million** in new funding
- The round would value the company at roughly **$5 billion pre-money** — about **4x** its January valuation
- **This round has not closed**, and terms could still shift

The magnitude of the jump — $1.3B to a reported $5B in six months — is unusual even by 2026's AI funding standards, and it tracks almost exactly with the revenue growth: ARR also roughly quadrupled (from $200M to $500M) over the same window. Investors appear to be pricing the round on trailing revenue growth rather than pure narrative, which is a meaningfully different bet than most AI video valuations right now.

## Who is investing in Higgsfield?

Confirmed investors across the closed rounds include:

- **Accel** — led the $80M Series A extension
- **GFT Ventures** — led the original $50M Series A
- **Menlo Ventures**
- **AI Capital Partners**
- Additional participants in the original Series A: BroadLight Capital, NextEquity Partners, and Alpha Square Group

For the new round still in talks, **DST Global** — Yuri Milner's fund, known for early bets on Facebook, Spotify, and Airbnb — is reportedly among the investors discussing participation. No other names have been confirmed publicly, and Wortins will update this post if the round closes with a finalized investor list.

## What the money is for

Neither Higgsfield nor its investors have issued a specific public statement on use of funds for the new round, so this should be treated as inference rather than fact. Based on the company's own growth pattern and its enterprise pivot, the likely uses are:

- **Compute costs** for video generation at scale — 4.5 million clips a day is a heavy inference workload, and video models are far more compute-intensive per generation than text or image models
- **Enterprise go-to-market** — building out sales and account management to keep growing the 70%-enterprise revenue mix
- **Model and product development** — continuing to differentiate on "cinematic control" as competitors like Runway, Kling, and Sora-based tools race on raw video quality

We'll flag this section as unconfirmed until Higgsfield or its investors state funding use directly.

## Why it matters

Higgsfield's trajectory is a useful stress test for how AI application-layer companies are actually being valued in mid-2026, as opposed to how infrastructure players are valued.

1. **Revenue growth is doing the work, not just hype.** A 4x valuation jump in six months looks aggressive until you see ARR also roughly quadrupled in the same period. That's a different story than a valuation markup driven purely by model releases or investor FOMO.
2. **AI video is consolidating around a few fast movers.** Higgsfield's climb from launch to a reported $5B conversation in under three years puts it in the same conversation as Kling AI and Runway as one of the category's clearest winners — even though the space is crowded with well-funded competitors.
3. **Enterprise is where the durable revenue is.** The shift to 70% enterprise revenue, on a per-seat/per-render model, suggests Higgsfield is optimizing for retention and pricing power rather than consumer virality — a pattern showing up across the [AI video startup funding](/blog/ai-video-startup-funding-2026) landscape in 2026.

Until the round officially closes, the $5 billion number remains a reported target, not a fact. But the revenue numbers behind it are independently corroborated across multiple outlets, which is more than can be said for a lot of the valuation chatter in AI right now.

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## Frequently asked questions

### How much funding has Higgsfield raised?

Higgsfield has closed $130 million to date across a $50 million Series A (September 2025, led by GFT Ventures) and an $80 million extension (January 2026, led by Accel). It is now in talks to raise an additional $300-500 million, though that round has not closed.

### What is Higgsfield's valuation?

Higgsfield was valued at $1.3 billion after its January 2026 Series A extension. It is reportedly in talks to raise new funding at a roughly $5 billion pre-money valuation — about 4x higher, six months later.

### Who is investing in Higgsfield?

Confirmed backers include Accel, GFT Ventures, Menlo Ventures and AI Capital Partners. DST Global, the fund built by early Facebook investor Yuri Milner, is reportedly among the investors in talks for the new round, per The Information.

### What does Higgsfield do?

Higgsfield is an AI video-generation platform, founded by former Snap generative AI lead Alex Mashrabov, that lets creators and enterprise marketing teams generate and edit cinematic AI video from text and image prompts.

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