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PixVerse raises $439 million in Series C extension, valuation tops $2 billion as AI video wars heat up

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PixVerse raises $439M in Series C extension, valuation tops $2B as AI video wars heat up.

The Singapore-based AI video startup's massive raise underscores where venture capital is flowing, and where it isn't flowing toward crypto AI projects.

Key facts

Summary

PixVerse, the Singapore-based AI video generation startup, closed a $439 million Series C extension that pushes its valuation past the $2 billion mark. A company founded in 2023 reaching a $2 billion valuation in roughly three years tells you everything about where institutional money is heading right now. PixVerse’s capital accumulation has been aggressive. The Series C extension adds another $439 million to the war chest, bringing total funding to somewhere well above $700 million across all rounds for a company that didn’t exist three years ago.

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#Singapore #Funding Round