NVIDIA and TCV invest in Higgsfield as it passes $1B revenue
By Steven Van ·
NVIDIA and TCV have joined Higgsfield’s Series B extension. Higgsfield says it now has over $1 billion in annualized revenue and 40 million users.
NVIDIA and TCV have joined Higgsfield as investors in its Series B extension, the AI video company announced on October 24 and linked Bloomberg’s report on the deal.
Higgsfield shared new numbers since its August Series B. It says it has crossed $1 billion in annualized revenue and grown from 30 million to more than 40 million users worldwide. Enterprise contracts are up 71%, and Higgsfield says they are growing more than 100% month over month.
TCV has previously backed Netflix, Facebook, ByteDance and Spotify. NVIDIA has supplied the GPUs behind every generation of Higgsfield, from L40 and A40 through Hopper and Blackwell, with Vera Rubin next. The announcement video includes NVIDIA CEO Jensen Huang calling Higgsfield’s founders “visionary.” Higgsfield’s post doesn’t give the size of the extension or the company’s new valuation.
Sources: Higgsfield’s announcement and video on X.