Higgsfield raised $400mn at $5.4bn, four times its January valuation

Higgsfield raised $400 million at a $5.4 billion valuation, quadrupling its worth since January. Its annualized revenue run rate surged to $700 million, driven mainly by enterprise clients, including 390 Fortune 500 companies. The company’s AI tools enable brands to produce multiple marketing videos daily, reducing reliance on creative agencies.