Physix FrontierPhysix Frontier · News Briefing Card (TMTPost · Jul 15, 2026)
Alibaba Leads $41M Series C+ for AI Video Startup
KEY FACTS
- On July 14, AiShi Technology completed its Series C+ funding round, led by Alibaba.
- Together with its March Series C round, the company has raised a cumulative 2.98 billion yuan within half a year.
- Founder Wang Changhu previously served as the vision lead at ByteDance's AI Lab, and the company was founded just over three years ago.
- Its products, including PixVerse, have surpassed 150 million users worldwide, covering 177 countries.
- In its first month after launch, subscription revenue from the mobile app covered all business costs.
KEY DATA
2.98 billion yuanHalf-year cumulative funding
Over 150 millionGlobal users
177Countries and regions covered
PHYSIX OBSERVATION
The intensive capital injection into AiShi Technology marks the AI video sector's formal transition from the technology validation phase into the deep waters of commercialization. Surrounded by big tech, an independent startup has proven that a differentiated survival space exists by leveraging high-frequency mobile scenarios and rapid iteration to build a profitable model. Alibaba's consecutive investments aim to secure a position at the entry point for next-generation content production, but amid pressure from giants like ByteDance and Kuaishou, how it maintains high growth and expands its B2B boundaries will be the key test of whether it can truly break through.
Source: TMTPost report