Higgsfield AI, a San Francisco, CA-based startup focused on democratizing social media video creation, has secured $8 million in seed funding.
Investors
The round was led by Menlo Ventures.
Menlo Ventures is a Bay Area venture capital firm that invests in seed-stage, early-stage, later-stage, and growth-stage companies operating in the computer hardware, software, big data, fintech, and healthcare sectors.
About Higgsfield AI
Higgsfield AI is a technology company dedicated to making advanced video creation tools accessible to creators worldwide. By leveraging generative AI, Higgsfield AI aims to democratize the process of video production, enabling users to bring their creative visions to life with ease and precision. The company's video creation app, known as Diffuse, enables users to create highly personalized and realistic human characters from a single selfie, offering a new dimension of engagement and creativity in video content. The company has already launched Diffuse in select markets, including India, South Africa, the Philippines, Canada, and Central Asia, with plans for a gradual global rollout.
Funding Details
Company: Higgsfield, Inc.
Raised: $8.0M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Menlo Ventures
Additional Investors:
Company Website: https://higgsfield.ai/
Software Category: Video AI
Source: https://www.businesswire.com/news/home/20240403369573/en/