Singapore-based AI video generation company PixVerse is planting its first flag in the United States, choosing Bellevue as the home of its new American office as the startup rides a wave of fresh funding and rapid global growth.
The company earlier this month closed a $300 million Series C funding round that pushed its valuation above $1 billion, earning it unicorn status. The funds are earmarked for global expansion and targeting enterprise customers across North America and Asia. PixVerse launched in 2024 and currently employs at least 110 people across its Singapore and Beijing offices, with plans to open a second US office in San Francisco.
John He, a former Salesforce employee, is leading the Bellevue operation as US general manager and is currently the company’s only American hire. He is working out of an extraSlice co-working space while searching for a permanent downtown Bellevue location, and is actively building out the team with the goal of reaching six employees within the next few months. The office will initially focus on product marketing and sales before expanding into AI research and engineering later this summer. He said PixVerse’s mission drew him to the role. “It’s very simple,” he said. “They want to turn everyone’s imagination into reality.”
PixVerse says it has more than 100 million users across 175 countries. Its latest model, released Monday, adds precision camera control, expressive character performance, and one-click commercial output. Key investors include Alibaba Capital Partners, Ant Group, and 37 Interactive Entertainment.
The Bellevue expansion arrives at a turbulent moment for the AI video generation industry. Last week, OpenAI announced it was shutting down Sora, its consumer-facing AI video platform, to redirect resources toward productivity tools for enterprise and individual users. The move leaves a gap in the market that competitors including PixVerse, Runway ML, Kling AI, Higgsfield, and products from Google and Adobe are positioned to fill.
The sector continues to face significant scrutiny over ethics, deepfakes, copyright violations, and the environmental costs of the high computational demands required for AI video production. He acknowledged the concerns but argued the technology is a tool for empowerment rather than replacement. “It empowers regular people to do a better job,” he said, adding that artists using the platform have been able to increase their earnings.
