techcrunch.com
AI video startup Higgsfield has closed an $80 million extension to its Series A round, bringing its total Series A funding to $130 million and its valuation to $1.3 billion. Founded by former Snap AI head Alex Mashrabov, the company now has over 15 million users and is forecasting a $200 million annual revenue run rate. The platform is marketed toward professional social media marketers, though it has been used to generate viral AI content, including a controversial video featuring figures from the Epstein files. New investors include Accel, AI Capital Partners, Menlo Ventures, and GFT Ventures.
Read More
