PixVerse reaches unicorn status with Series C
AI video startup PixVerse says its Series C, led by CDH Investments, pushes its valuation past $1 billion and funds a global expansion run from a new Singapore office.
PixVerse announced that it has closed a Series C round and joined the ranks of global AI unicorns. The company calls it the largest funding round in Asia's AI video generation category. It did not disclose the round size or its valuation.
CDH Investments led the round. Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management and 3W Fund also took part, along with unnamed others.
The company says it passed 100 million users across 175 countries by September 2025 and has 16 million monthly active users. It also says more than 2.1 billion videos have been generated on the platform. PixVerse claims enterprise teams report 68% lower costs and 57% faster production than with traditional workflows. These figures come from the company and were not independently verified.
On the technical side, PixVerse points to R1, a real-time video generation model launched in January 2026 that streams video in response to user input. The company calls R1 the world's first model of its kind. It also points to its V5.6 foundation model, which it says ranked second globally on Artificial Analysis's image-to-video and text-to-video leaderboards as of February 28, 2026. According to the company, V5.6 is built on a proprietary Diffusion Transformer architecture and generates 1080p video with native audio in under a minute.
The new funding will support a global office in Singapore focused on enterprise sales and partnerships, especially in North America and Asia. CEO Changhu Wang is part of the Singapore Economic Development Board's Global Founder Programme.
"This round marks a new chapter for PixVerse," said co-founder Jaden Xie.