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  5. Nvidia and TCV Invest in AI Video Startup Higgsfield in Series B Extension
Big TechMAG 7AI: Bullish
•
2026-10-23•2 min read

Nvidia and TCV Invest in AI Video Startup Higgsfield in Series B Extension

Zubiqo Take
QuoteThreads

“Routing creators across about 35 competing video models insulates Higgsfield from any single model falling behind, while Nvidia backs another heavy GPU consumer alongside Runway.”

Nvidia and TCV Invest in AI Video Startup Higgsfield in Series B Extension
📷 Image Source: Bloomberg

Executive Summary

  • •AI video startup Higgsfield secured an undisclosed Series B extension from Nvidia and TCV following its $400M raise at a $5.4B valuation in August.
  • •Higgsfield reported more than 40M registered users, 10M paying customers added since summer, and a trajectory to surpass $1B in annualized revenue.
  • •The platform combines its own AI engine with about 35 external video models, using the new capital to expand global infrastructure and hiring.

Community Sentiment

1-Tap Vote

Key Developments & Data

San Francisco-based AI video startup Higgsfield Inc. announced it has secured a Series B extension from Nvidia Corp. $NVDA and growth-stage fund TCV to fund global infrastructure and hiring, without disclosing the size of the extension or an updated valuation. The investment extends Higgsfield's August Series B round, which raised $400M at a $5.4B valuation led by DST Global, and coincides with Nvidia CEO Jensen Huang's visit to Kazakhstan, where the majority of Higgsfield's engineering talent is based and where Nvidia recently joined a 2027 robotaxi pilot. Founded in 2023 by former Snap Inc. executive Alex Mashrabov and Kazakhstani AI engineer Yerzat Dulat, Higgsfield reported that its registered user base has grown to more than 40M, including 10M paying customers added since its summer fundraising, with Mashrabov stating last month that the platform is projected to surpass $1B in annualized revenue based on current performance. Rather than relying on a single proprietary model, Higgsfield operates a platform combining its own AI engine with about 35 third-party AI video models for storyboarding, character creation, audio, and finished video, competing in a capital-intensive sector alongside Kuaishou Technology's Kling AI, which raised $2.8B at about a $15B valuation this summer, and Nvidia-backed Runway AI Inc., which raised $315M at a $5.3B valuation in February.

Zubiqo Strategic Assessment

Primary Impact

Generative AI video platforms, brand marketing agencies, content creators, and GPU infrastructure providers.

Strategic Shift

Commercial AI video platforms are evolving from standalone foundation models into multi-model production hubs that combine competing engines across storyboarding, audio, and rendering.

The Ripple Effect

Because video generation remains heavily compute-intensive, rising paid adoption across platforms like Higgsfield, Runway AI, and Kling AI directly sustains downstream demand for Nvidia's data center hardware.

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This intelligence assessment is generated by Zubiqo's AI for informational purposes only.

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#higgsfield#nvidia#tcv#ai video
Read original on Bloomberg
Zubiqo MethodologyAI Synthesis

Synthesized from linked market reporting using AI extraction under Zubiqo's editorial standards. Have a correction? Contact our desk.

Event Magnitude7 / 10
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