PixVerse

About PixVerse

Financials

Dated, source-cited figures. Estimates are marked.

Products by PixVerse

All products by PixVerse reviewed by our AI panel of experts.

PixVerseAI Video Generation

AI video generation models and tools for cinematic production

Free6.9/10

Competitive Landscape

Who PixVerse competes with, and how they differ.

K

Kling AI (Kuaishou)

The closest direct rival: the same China-built consumer text- and image-to-video app sold globally on freemium credits, but far ahead on monetisation — Chinese tech press put Kling's annualised revenue near US$500 million in Q1 2026 against the US$40 million PixVerse last disclosed for October 2025. Kling is funded internally by listed parent Kuaishou rather than by venture rounds.

MiniMax7.3/10

Competes head-on through Hailuo AI, a Chinese consumer video generator with the same freemium credit model and overseas-first distribution. MiniMax sells video as one line in a broader foundation-model portfolio (text LLMs, voice, agents), where AIsphere is a video-only company.

1 product reviewed on TopReviewed

H

Higgsfield AI8.1/10

Chases the same template-and-effects consumer growth loop, but is built around cinematic camera-motion presets and a creator-subscription funnel. It is US-market-led and does not run PixVerse's open API/model-marketplace business.

1 product reviewed on TopReviewed

Runway7.5/10

Aims at professional film, VFX and advertising teams with a paid editing suite wrapped around its own Gen models and higher list pricing. PixVerse leads with a free mobile app and viral effect templates and monetises far lower down the market.

1 product reviewed on TopReviewed

S

ShengShu Technology6.8/10

The other Chinese video-model startup pushing hard into overseas consumer markets with Vidu, differentiating on reference-to-video character consistency and anime styling rather than PixVerse's catalogue of trend-driven effect templates.

1 product reviewed on TopReviewed

Pika Labs7.2/10

Built the same effects-led consumer video app and relies on the same social-virality distribution, but operates at a much smaller scale and stays a single-model product. PixVerse now resells Sora, Veo, Kling, Seedance and Grok Imagine alongside its own V6/R1/C1 models on one platform.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in PixVerse's history, with sources.

1. Jul 14, 2026Funding

   Series C extension closes the round at US$439 million, Alibaba leading

   An extension brought the Series C to US$439 million (CNY 2.98 billion), with Alibaba leading and Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus and CloudAlpha joining alongside returning investors iGlobe Partners and Lion X Ventures. PixVerse cited more than 150 million users in over 177 countries and announced an expansion into interactive entertainment.

   pixverse.ai
2. Jun 18, 2026Partnership

   Captain Tsubasa IP licensing collaboration

   PixVerse licensed the Captain Tsubasa football manga through KAGAMI Gate, releasing dedicated templates that let fans insert their own photos into recreations of the series' signature plays during the 2026 World Cup window.

   pixverse.ai
3. Mar 30, 2026Launch

   PixVerse V6 flagship model released

   V6 improved camera control, character performance and physical interaction, added multilingual in-frame text, and can generate multi-shot short videos with native audio from a single prompt. It shipped alongside a CLI aimed at developer and agent workflows.

   pixverse.ai
4. Mar 12, 2026Funding

   Series C led by CDH Investments — PixVerse reaches unicorn status

   CDH Investments led a Series C joined by Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management and 3W Fund, taking PixVerse past a US$1 billion valuation. The company said the money would fund global expansion from a newly established Singapore headquarters.

   pixverse.ai
5. Jan 12, 2026Launch

   PixVerse R1 real-time world model released

   PixVerse launched R1, which it describes as the first general-purpose real-time world model for video, generating and responding to user input as the clip plays rather than rendering a finished file. A February update took real-time output to 720p and an April update added shared worlds and personalised avatars.

   pixverse.ai
6. Oct 17, 2025Funding

   Series B+ — CNY 100 million (US$13.7 million)

   Fosun RZ Capital, Cowin Capital and Shunxi Fund jointly backed a CNY 100 million Series B+ five weeks after the Series B, with Lighthouse Capital advising. AIsphere put combined PixVerse and Paiwo AI usage at over 100 million users and 16 million monthly actives.

   equalocean.com
7. Sep 10, 2025Funding

   Series B — US$60 million led by Alibaba

   Alibaba Group led a US$60 million Series B, joined by new investor Antler and the Beijing Artificial Intelligence Industry Investment Fund — reported at the time as the largest single round raised by a Chinese AI video generation company. PixVerse had passed 100 million users across 175 countries.

   getcoai.com
8. Mar 6, 2025Funding

   Series A5 — CNY 400 million+ (US$55.2 million) led by Eminence Ventures

   Eminence Ventures led a round of more than CNY 400 million, with Lighthouse Capital as financial advisor. AIsphere said the proceeds would fund working capital, model and product development and senior hiring; PixVerse reported 40 million users and 15 million monthly actives, on a team of roughly 50 people.

   yicaiglobal.com
9. Dec 18, 2024Funding

   Series A extension — CNY 300 million (about US$41 million)

   AIsphere closed nearly CNY 300 million across Series A2–A4 tranches from Ant Group, the Beijing Artificial Intelligence Industry Investment Fund and CAS Investment Management, with Lighthouse Capital advising. PixVerse had over 12 million registered users and about 6 million monthly actives at the time.

   yicaiglobal.com
10. March 2024Funding

    Series A1 — led by Dacheng Caizhi (达晨财智)

    AIsphere announced a Series A1 round in March 2024, two months after PixVerse's global launch, led by Dacheng Caizhi with Lighthouse Capital as exclusive financial advisor.

    pandaily.com
11. January 2024Launch

    PixVerse launched globally as AIsphere's overseas product

    PixVerse went live in January 2024 with text-to-video generation producing clips a few seconds long. Similarweb recorded its traffic passing one million visits the following month, and a China-market version was filed as the "Aishi Video Large Model".

    pandaily.com
12. April 2023Founded

    AIsphere (爱诗科技) founded in Beijing

    Wang Changhu founded AIsphere in April 2023 to build AI video generation models and applications. He had previously been a researcher at Microsoft Research Asia and head of ByteDance's vision technology group and its ByteAI Lab video effort.

    pandaily.com