Nvidia and TCV join Higgsfield's Series B as AI video platform passes $1B annualized revenue
Higgsfield
Higgsfield extended its Series B on October 23, 2026 with new investors TCV and NVIDIA, alongside existing lead DST Global and participants including Goldman Sachs Alternatives and Tribe Capital; the extension amount was not disclosed. The company said it crossed $1 billion in annualized revenue in September, up from $700 million previously reported, and now claims more than 40 million users and 150 million generations per month. Higgsfield runs on NVIDIA L40/A40, Hopper, Blackwell and Vera Rubin infrastructure.
Why it matters
NVIDIA putting capital into an application-layer video platform, not just selling it GPUs, signals where it expects generative video revenue to concentrate.
Importance: 2/5
funding round at an application-layer media platform