Higgsfield reaches $700M annualized revenue

Higgsfield raised $400 million at a $5.4 billion valuation as annualized revenue reached $700 million, according to the company’s Series B announcement; it says the platform now serves more than 30 million users across 238 countries and territories. The company’s reported revenue grew from roughly $20 million a year earlier, a 35× increase, while its investor list includes DST Global, Goldman Sachs, Intel Capital, and Liberty Global. Builders should file this as a signal that generative video is attracting enterprise-scale distribution capital, alongside the archive’s evidence that AI media workflows still need a production-quality gate.