PixVerse Closes Series C Extension, Bringing Total to USD 439 Million, and Announces Expansion Into Interactive Entertainment

SINGAPORE--(BUSINESS WIRE)--PixVerse, a global AI video generation platform, today announced the completion of its Series C extension, bringing total Series C fundraising to USD 439 million.

Every session produces a world that did not exist before the player entered it. To create is already to play.

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The round was extended following strong continued interest from international investors, including strategic partners across media, entertainment, and technology. New investors in this extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, joining returning investors iGlobe Partners and OCBC's LionX Ventures.

Building Toward Interactive Worlds

PixVerse was built on the belief that professional-quality video creation should be accessible to everyone. Since its launch, the platform has grown to over 150 million users across more than 177 countries, generating cinematic-quality video from a prompt, photo, or clip without requiring a production pipeline or prior experience.

"From the start, we set out to make professional video creation accessible to everyone," said Jaden Xie, Co-Founder and President of PixVerse. "That same belief now drives everything we are building toward interactive worlds."

At the center of this new development is R1, the world's first real-time world model, launched in January 2026. With R1, PixVerse transformed video generation from a fixed output into a continuous, interactive stream that responds instantly to user input. Three months later, PixVerse updated R1 with shared worlds and personalized avatars, enabling multiple users to enter and shape the same AI-generated world in real time. Today, PixVerse takes that further, extending R1 into interactive games and entertainment.

PixVerse Game Engine: Creation Itself is Play

The PixVerse Game Engine applies R1 to game creation, separating abstract game mechanics from their visual expression. Players interact in natural language, and the world responds visually and mechanically in real time, unconstrained by a fixed set of pre-designed options. Every session produces a world that did not exist before the player entered it.

For creators, the same shift is beginning to take shape. Traditionally, modeling, animation, sound design, and narrative scripting have been prerequisites to game creation. The PixVerse Game Engine is designed to remove that dependency, where a creator defines the rules and structure of a game experience, and the engine handles the expression of those rules as a generated world.

The creator—or player—sees their rules expressed in real time, adjusts, explores, and discovers the game as it takes shape. To create is already to play.

Real-Time Interactive Entertainment

Beyond games, PixVerse is applying its real-time world model to live entertainment. The company is introducing real-time interactive livestreaming, where AI-generated characters respond to viewer input live, opening new possibilities for interactive entertainment and virtual hosting.

"Generative models have always had the potential to power experiences beyond what we are used to. What we are building now is the architecture to realize that. We are building a system where the world a player inhabits is not pre-rendered but continuously generated, in real time, in response to what they do. That is a fundamentally different foundation for what a game can be," said Changhu Wang, Co-Founder and CEO of PixVerse.

About PixVerse

PixVerse is a global AI video generation platform trusted by over 150 million users and enterprises across 177+ countries. With a suite of proprietary models developed entirely in-house, PixVerse empowers anyone to create cinematic-quality video from a prompt, photo, or clip, from individual creators to professional film teams. Its flagship model V6 delivers precision camera control, expressive character performance, and cinematic-quality output across creative and commercial use cases. In January 2026, PixVerse launched R1, the world's first real-time world model, transforming video into an infinite, continuous, and interactive stream. Founded in 2023 and having achieved unicorn status in early 2026, PixVerse is committed to making video the universal language of human expression. For more information, visit pixverse.ai.