PixVerse, the AI-powered video platform with over 100 million users worldwide, announced that it has raised $60 million in Series B funding. The round was led by Alibaba, with participation from new investor Antler. The capital will support PixVerse’s mission to accelerate global adoption of AI video creation tools, enabling creators, businesses, and everyday users to produce high-quality videos with speed and ease.
“This new funding is both a recognition of the AI video market’s potential and a validation of the trust we’ve earned from our growing global community. Over the past two years, more than 100 million users have turned their imagination into video on PixVerse, inspiring us to keep pushing the boundaries of what’s possible. We will continue advancing professional-grade video generation while expanding our open platform to empower partners and creators worldwide,” the company said in a statement.
PixVerse recently unveiled its latest-generation model, PixVerse V5, alongside a new Agent feature designed to simplify video creation. PixVerse V5 delivers enhanced Motion Quality, Visual Performance, Consistency, and Prompt Accuracy, while maintaining fast generation speeds and accessibility. Artificial Analysis ranked V5 first in image-to-video performance and second in text-to-video benchmarks.
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With more than 100 million users generating over 800 million videos globally, PixVerse has achieved significant viral success. The platform’s Venom Effect template, introduced with PixVerse V3, alone generated over one billion social media views, boosted by celebrity and influencer participation. PixVerse was also listed 25th on a16z’s Top 50 Gen AI Consumer Apps.
Over the past two years, PixVerse has released eight major video model generations, consistently improving features to make video creation faster, more intuitive, and accessible to all.
Notable milestones include:
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Launch of the industry’s first 4K AI video model (Q1 2024), generating 10 million videos within 88 days.
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The viral “Transform Effect” template (V3), which amassed over one billion social media views.
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Turbo-powered V4, reducing generation times from minutes to seconds, enabling near real-time AI video creation.
PixVerse is expanding beyond entertainment into advertising, e-commerce, education, and gaming, while actively promoting responsible AI usage. At the UN AI for Good Global Summit 2025, PixVerse was recognized for its contributions and later launched the #AIForGood Short Film Contest, attracting over 100 submissions exploring topics from climate change to social equality.
Operating as a truly global company, PixVerse has seen rapid growth in the past six months, with validated user engagement in more than 80% of countries worldwide. “There are still billions of people who have never created a video, never used video to communicate, share life, or tell stories. We hope to use AI to help the vast majority of these people, making video creation truly accessible for all,” the company added.