PixVerse hits $2B valuation — can its labeling tech beat Sora and Runway
pixverse raised $439m in a series c extension, surpassing a $2b valuation, to challenge competitors like openai and runway with advanced video generation models.
pixverse raised $439m in a series c extension led by investors including alibaba, valuing the singapore-based startup at over $2b. the company, which boasts 150m registered users, attributes its technical edge to a proprietary labeling system inherited from its founder's work on tiktok's recommendation engine. pixverse intends to use the capital to scale its enterprise outreach and release new v-series and world models, aiming to distinguish itself in a crowded market against rivals like sora, kling, and luma.