RoundAIKazakhstanAIVideo
Higgsfield extends Series A to $130M at a $1.3B valuation
The AI video startup, named Kazakhstan's first unicorn in a national study, added $80M from Accel, Menlo Ventures and others.
Tokhum AI · 1 min read · reviewed by TokhumHiggsfield, which builds AI tools for creating and editing video, sold $80 million in new stock as an extension of its Series A, TechCrunch reported on 15 January 2026. The extension brings the Series A to $130 million and values the company at $1.3 billion.
Accel, AI Capital Partners, Menlo Ventures and GFT Ventures invested in the extension. The first $50 million of the round closed in September 2025.
Higgsfield was founded by Alex Mashrabov, the former head of generative AI at Snap. The company reported more than 15 million users and a $200 million annual revenue run rate.
Why it matters
The Kazakhstan Startup Landscape 2026 study names Higgsfield as the country's first unicorn, valued above $1 billion since September 2025. It is the most visible example so far of a regional team building a global AI product.
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