en.Wedoany.com Reported - Singapore-based video generation company PixVerse has recently completed a Series C extension round, raising a total of $439 million in this round. Following the funding, the company’s valuation exceeds $2 billion. The new funds will be used to expand its world model products, advance video generation model iterations, cover more global customers, and increase research and market expansion personnel.

PixVerse completed its initial Series C financing in March 2026, led by China’s CDH Investments, and subsequently launched an extension round. Investors in this round include China’s Alibaba, South Korea’s Mirae Asset, China’s BlueFocus, Singapore’s iGlobe Partners, and Lion X Ventures under Singapore’s OCBC Bank. PixVerse has signed a video generation capability deployment agreement with Alibaba and plans to expand its enterprise business to more overseas markets within the year.

In terms of products, PixVerse has developed a three-model system. Among them, the V series targets individual users and API calls, the C series primarily serves film production and commercial content workflows, and the R series is used for game development and virtual world construction. The company plans to launch a new generation of V-series video models this year and update the R-series world model, continuing to enhance dynamic scene generation, interactive control, and world-building capabilities.

Currently, PixVerse’s tools can generate videos with up to 4K resolution and built-in audio. The company states that its consumer product has registered over 150 million users, with more than 15 million monthly active users, and the price for image-to-video services is $4.80 per minute. In addition to personal entertainment content, the company plans to further integrate video generation capabilities into creative production, training, marketing, and enterprise content creation workflows.

PixVerse was founded in 2023 by Wang Changhu and Jaden Xie. The company currently has approximately 150 employees, with offices in Singapore, as well as in Beijing and Shanghai, China. With the new funds in place, the company will expand its R&D and market teams to advance the deployment of video models, world models, and enterprise-grade products across different regions.