Higgsfield, a generative AI platform for producing video and image content, has raised $400 million in Series B funding, quadrupling its valuation to $5.4 billion. The round was led by DST Global with participation from Tribe Capital, Goldman Sachs Alternatives, and other investors. The company provides tools that generate cinematic video, images, and audio from text prompts, and says it now serves roughly 30 million users globally, including 360 Fortune 500 companies.
