AI

AI video generation platform PixVerse completes Series C, opens office in SG

March 24, 2026
Image from PixVerse

Roll the clip! Global AI video generation platform PixVerse allows users to generate high-quality videos with just a few clicks. 

  • They have recently completed their $300M Series C, reaching unicorn status.   
  • Oh, and they also opened a global office in Singapore. 

Investor check. CDH Investments led the round, with Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management, and 3W Fund joining.

👀 What is PixVerse?

PixVerse was co-founded in April 2023 by Dr. Wang Changhu, the former head of visual technology at ByteDance. 

  • It operates on a freemium model, with paid subscription plans ranging from $10 to $60 per month. 
  • The platform also has a commercial API layer.

Their secret sauce. PixVerse’s popularity is driven by its large library of templates. These make it easier for independent developers to generate their own AI videos and increase engagement.

  • Earlier this year, they released R1, a real-time model that can produce videos in a continuous, responsive stream based on user input. 

The user base. PixVerse had over 100M users in 175 countries by September 2025, according to a statement. Oh, and they also reported having 16M monthly active users. 

✍🏽 What’s the plan? 

They’ll use the $$$ to support global expansion and scale operations in their Singapore office. 

  • The office will focus on enterprise sales, partnerships, and market development, specifically in North America and Asia. 

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories about startups and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.