Summary: Bloomberg reported on March 12, 2026 that Alibaba-backed PixVerse raised a $300 million Series C led by CDH Investments at a valuation above $1 billion and opened a global office in Singapore. The round funds a mass-market and enterprise video push against Sora, Runway, and Kling, but the reported amount and valuation come from Bloomberg rather than PixVerse’s own announcement.
Bloomberg broke the news on March 12, 2026: PixVerse, an AI video generation startup with Alibaba’s backing, has raised a $300 million Series C at a valuation north of $1 billion — unicorn status, officially. By the company’s own account, no round in the history of Asia’s AI video generation category has been larger, and CDH Investments takes the lead investor seat. The announcement carried a second headline too: a global office is opening in Singapore.
Behind PixVerse stands Beijing Aishi Technology (AIsphere), whose work centers on text-to-video and image-to-video generation. At a moment when OpenAI’s Sora, Runway, and Kuaishou’s Kling have turned video generation into a full-blown arms race, this round shows how heavily Asian capital is wagering on video generation as a commercialization game — and it places PixVerse among the best-funded independent players in the race.
How the $300M Round Is Assembled
The amount never came from the company itself — the $300 million figure and the valuation above $1 billion both trace back to Bloomberg’s reporting. Leading the round is CDH Investments, an investment firm with Alibaba ties. Filling out the syndicate are Antler, EnvisionX Capital, iGlobe Partners, Lion X Ventures, UOB Venture Management, and 3W Fund.
Put that syndicate on a map and the design comes into focus: a Chinese lead, Singaporean and Southeast Asian capital filling out the round, and a freshly opened Singapore office all point one direction — keep engineering and model capability in China, and shift the commercial and compliance center of gravity overseas.
2.1 Billion Videos: The Product Line Behind the Numbers
On operating metrics, PixVerse’s published figures earn a top-tier seat in the video generation market: more than 100 million users across 175 countries (counted as of September 2025), 16 million monthly active users, and a cumulative total above 2.1 billion videos generated. Enterprise customers, for their part, report costs down 68% and output arriving 57% faster than under traditional workflows.
The model side shows progress you can point at. On Artificial Analysis (data as of February 28, 2026), flagship model V5.6 holds second place worldwide on both the text-to-video and image-to-video leaderboards. In January 2026 the company followed with R1, which it bills as the world’s first real-time video generation model, generation latency pressed down to near-interactive levels. Each line carries its own business model: the content creation tool monetizes through subscriptions and credits, while real-time generation aims at agents and interactive applications.
The Case for Singapore
Enterprise sales, strategic partnerships, and market development are the brief of the Singapore office, aimed at the North American and Asian markets. CEO Changhu Wang has likewise joined the Singapore Economic Development Board’s Global Founder Programme. Functionally, then, Singapore is an operating commercial team rather than a nameplate address: the people selling to enterprises and opening partnerships sit there, serving the two target regions directly. For a China-based AI company, the move works as market strategy and regulatory hedging at once: enterprise video generation runs straight into copyright and likeness licensing, and placing the commercial entity in a neutral common-law jurisdiction makes procurement reviews friendlier for multinational customers.
Where the Money Sits in AI Video
VentureBurn chooses to read the raise inside a wider competitive frame: with $300 million in hand, PixVerse now squares off directly against OpenAI’s Sora, Runway, and the video models of the ByteDance and Kuaishou camps. The divide is positioning — Sora and Runway serve premium creative and Hollywood-style workflows, while PixVerse competes on value for mass-market creation and enterprise marketing content; 16 million monthly actives show that route’s scale effect is already real.
Pull back and look at how 2026 opened, and video generation appears to be retracing the path image generation once took: as quality gaps between models narrow, the contest turns to cost, speed, and workflow integration (see our 2026 opening AI outlook). The money PixVerse just raised is a wager that the next phase is decided by commercialization, not demo reels.
The Takeaway for Creators and Developers
Three effects matter in practice. One, enterprise-grade supply grows: with the Singapore team chasing enterprise sales as an explicit goal, API pricing, SLAs, and custom workflows should keep improving — and teams automating marketing asset production gain another vendor competing hard for their business. Two, real-time generation is the signal to watch: if R1 proves stable in the field, interactive video and agent-driven content products take on new forms. Three, the balance between independent model companies and platform giants is being redrawn — once Asian capital will commit $300 million to a non-American frontier team, developers weighing video generation vendors should fold supply-chain risk and regional compliance into the evaluation, not just leaderboard scores.