Higgsfield targets $1B revenue as Martin Sorrell's fund backs AI video startup
The AI video company closed a $400M Series B at $5.4B valuation and now projects annualized revenue exceeding $1 billion.
What to know
- Higgsfield closed a $400M Series B in August at $5.4B valuation, backed by DST Global, Goldman Sachs Alternatives, and Martin Sorrell's S4S Ventures.
- The company now projects annualized revenue exceeding $1 billion, reflecting rapid business adoption of AI-generated video tools.
- Investors cite Higgsfield's speed and scale in content production as a competitive advantage addressing enterprise demand.
“Higgsfield Inc., an artificial intelligence video startup founded by a former Snap Inc. executive, said it is on track to generate annualized revenue of more than $1 billion based on current performance.”
Higgsfield, AI video startup · Bloomberg Tech ↗ · Sep 23
Higgsfield AI video startupSir Martin Sorrell S4S Ventures co-founderSanja Partalo S4S Ventures co-founder and general partner
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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Higgsfield projects $1B annualized revenue
Higgsfield announced it is on track to generate annualized revenue exceeding $1 billion based on current performance, signaling rapid growth as businesses adopt AI-generated video tools.
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first by Bloomberg Tech, 1d ago · also Bloomberg
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S4S Ventures invests in Higgsfield Series B
Sir Martin Sorrell's venture fund S4S Ventures joined the Series B round. Co-founder Sanja Partalo cited Higgsfield's ability to help brands rapidly produce large volumes of content as the differentiator among AI video competitors.
“Higgsfield stood out among other AI video companies, offering a solution to brands' challenge of producing a huge amount of content and the speed at which they need to produce it.”
— Sanja Partalo -
first by Adweek, 3d ago
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background
Higgsfield closes $400M Series B at $5.4B valuation — The AI video startup completed a $400 million Series B funding round led by DST Global, with participation from Goldman Sachs Alternatives, Valor Capital, Tribe Capital, and an unnamed chip provider.