Higgsfield extends $400 million Series B with new investments from Nvidia and TCV

Higgsfield, the generative AI platform for synthetic video creation, has topped up its $400 million Series B round — originally closed in August at a $5.4 billion valuation — with additional capital from Nvidia and growth equity firm TCV. Exact figures for the extension were not disclosed, but the announcement coincided with an Nvidia executive visit to Kazakhstan, home to much of Higgsfield's founding team.

The startup is reporting significant commercial traction to underpin the raise: it processes 12 trillion tokens per month across 150 million content generations and hit $1 billion in annualized revenue in September. Nvidia VP Rev Lebaredian framed the investment in terms of the company's broader "AI factory" thesis, while TCV general partner Neil Tolaney cited product velocity and market adoption that the firm has "rarely seen." The strategic tie-up with Nvidia is notable given Higgsfield's reliance on its hardware infrastructure at scale.