On April 3, 2024, San Francisco-based AI video generation startup Higgsfield AI announced it has raised an $8 million seed round led by Menlo Ventures. The company has launched the Diffuse APP, enabling users to create highly personalized and realistic characters from a single selfie, offering new engagement and creativity for video content.
Higgsfield AI was founded by Alex Mashrabov, former head of generative AI at Snap. The company focuses primarily on social media video creation. By leveraging generative AI, it enables users to effortlessly and precisely bring their creative visions to life. The company has already launched its first mobile app, Diffuse, in select markets including India, South Africa, the Philippines, Canada, and Central Asia, and plans to gradually expand globally.
(Source:BusinessWire)