PixVerse, an AI video generation startup, raised 439 million in Series C extension funding, pushing its valuation past 2 billion. Co-founded in 2023 by former ByteDance vision expert Wang Changhu, the company has 150 million registered users and 15 million MAUs. Its products include V-series, C-series, and R-series world models. PixVerse charges 4.80 per minute for image-to-video generation, citing data annotation as its core moat. It plans to expand talent, deepen world models, and accelerate global enterprise services with Alibabas ecosystem.
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