On October 23, 2026, Higgsfield announced new investments from NVIDIA and TCV in an extension of its Series B. The company said the financing would support product development, global infrastructure, hiring and expansion into markets. It did not disclose the extension’s amount or other terms.

What Higgsfield said the financing would support

Higgsfield named four intended uses: developing its product, building global infrastructure, hiring and expanding its market reach. The company describes its service as a way for brands, studios and creators to generate visual media and content at scale.

The extension follows an earlier Series B

Higgsfield said its August 2026 Series B was led by DST Global. Bloomberg reported that the earlier round raised $400 million at a $5.4 billion valuation. Those figures refer to the August round, not the October extension.

Higgsfield described its NVIDIA collaboration as long-standing

Higgsfield said it had scaled its computing infrastructure from NVIDIA L40 and A40 GPUs through the Hopper and Blackwell generations. The company also said it uses NVIDIA Dynamo for custom inference workloads, where trained AI models generate outputs, and was expanding to NVIDIA Vera Rubin infrastructure.

The company characterized this technical relationship as long-standing. It is separate context from Higgsfield’s announcement of the new financing.

Higgsfield’s reported user and revenue figures

Higgsfield said it had more than 40 million users across 238 countries and territories. Bloomberg described the company’s figure as more than 40 million registered users.

The company also said it crossed a $1 billion annualized revenue run rate in September 2026, 18 months after launch. A run rate projects a current revenue pace across a year; it is different from revenue recognized over a completed year. Higgsfield reported monthly activity of 12 trillion tokens across 150 million generations.