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Nvidia and TCV join Higgsfield's Series B as AI video platform passes $1B annualized revenue

Higgsfield

Industry official + media 3 src. ~1 min

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

Sources