# PixVerse Closes $439M Series C for AI Video Led by Alibaba

> PixVerse, the AI video startup also known as AIsphere, has closed a $439 million Series C led by Alibaba, announced in mid-July and pushing its valuation above $2 billion. The round pulls in a roster of investors including Mirae Asset and Huiyuan, and it deepens Alibaba's already substantial bets across generative media. The company, founded in 2023 by a former Microsoft Research Asia and ByteDance researcher, is building toward interactive video. Its V6 model generates cinematic clips, while a system it calls R1 is aimed at real-time world models, the more ambitious frontier where video generation blurs into something you can steer as it plays. The deal is another marker of how Chinese tech is consolidating around generative and interactive video as a competitive edge. With a giant like Alibaba leading, PixVerse gains both capital and distribution, and the race to own the world-model layer of video gains another well-funded contender.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: DealStreet Asia · Published Wednesday, July 22, 2026_

## Wortins' read

PixVerse, the AI video startup also known as AIsphere, has closed a $439 million Series C led by Alibaba, announced in mid-July and pushing its valuation above $2 billion. The round pulls in a roster of investors including Mirae Asset and Huiyuan, and it deepens Alibaba's already substantial bets across generative media. The company, founded in 2023 by a former Microsoft Research Asia and ByteDance researcher, is building toward interactive video. Its V6 model generates cinematic clips, while a system it calls R1 is aimed at real-time world models, the more ambitious frontier where video generation blurs into something you can steer as it plays. The deal is another marker of how Chinese tech is consolidating around generative and interactive video as a competitive edge. With a giant like Alibaba leading, PixVerse gains both capital and distribution, and the race to own the world-model layer of video gains another well-funded contender.

## Source

[Read the full story at DealStreet Asia](https://www.dealstreetasia.com/stories/pixverse-series-c-funding-extension-488982)

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