Higgsfield AI, one of the fastest-growing projects in Kazakhstan in the field of generative artificial intelligence, announced the closing of its Series A round, raising $50 million. The lead investor was the venture fund GFT Ventures, with participation from BroadLight Capital, NextEquity Partners, AI Capital Partners, and Menlo Ventures.
Team expansion
According to the company’s co-founder Yerzat Dulat, the startup is actively hiring and focusing on graduates and master’s students from 2022–2025 of leading universities. The company is inviting not only technical specialists but also those from the humanities.
The startup is looking for people with strong competencies in various fields: analytics, communications and sales, project management, work with texts and narratives, process automation, programming, and creative skills.
Previous investments
Earlier, Higgsfield AI raised $16 million from venture funds and business angels, and entered the markets of the US, China, and Japan, where it gained a multimillion-user audience.
In August, Yerzat Dulat revealed that Higgsfield AI had received an acquisition offer from Meta worth hundreds of millions of dollars. However, the team turned it down, aiming to grow to a much higher valuation and eventually go public.