Nvidia and TCV invest in Higgsfield as it claims $1 billion in annual revenue
The AI video platform extended its Series B with money from Nvidia and TCV. Amounts were not disclosed, but Higgsfield says it now has over 40 million users.
Higgsfield, the AI video and image platform, has added Nvidia and the investment firm TCV to its Series B round, Variety reports. Neither the amounts nor a new valuation were disclosed.
The extension follows the August round, which Variety says raised $400 million at a $5.4 billion valuation, led by DST Global. According to Variety, this is Nvidia’s first investment in Higgsfield, although the chipmaker has backed Runway twice before.
Higgsfield’s own announcement adds the growth numbers: more than 40 million users, $1 billion in annualized revenue passed in September, and 150 million generations a month on Nvidia hardware. These are company figures that no one has checked independently.
Higgsfield says it will spend the money on product, infrastructure, hiring and sales. For creators, the news mostly signals staying power: Higgsfield is a reseller of other labs’ models (Kling, Veo, Seedance and more) wrapped in its own studio tools, and fresh money makes it less likely to vanish or reprice suddenly. It doesn’t change what you get per credit today.
Source: Variety, Oct 23, 2026
