Higgsfield raises $400 million Series B at a $5.4 billion valuation
Higgsfield has raised a $400 million Series B, according to TechCrunch, valuing the AI image and video startup at $5.4 billion. The company was founded by former Snap executive Alex Mashrabov and develops tools that let users generate images and videos with AI.
Why it matters: The round signals strong investor appetite for consumer-facing generative media startups, especially those showing enough momentum to command a multibillion-dollar valuation quickly. A financing of this size gives Higgsfield resources to scale model development, product distribution, and competition in the crowded AI image and video market.
Sources
- Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B TechCrunch · August 17, 2026
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