https://appcoding.com/tags/alibaba/ Recent content in Alibaba on App Coding Hugo en-us Tue, 14 Jul 2026 00:00:00 +0000 https://appcoding.com/pixverse-closes-series-c-extension-at-439-million-and-pivots-from-ai-video-into-games/ Tue, 14 Jul 2026 00:00:00 +0000 https://appcoding.com/pixverse-closes-series-c-extension-at-439-million-and-pivots-from-ai-video-into-games/ <p>PixVerse has closed an extension to its Series C, bringing total fundraising in the round to $439 million, and used the announcement to signal a strategic move well beyond the AI video generation market it built its name in. The Singapore-based company is extending its platform into games and interactive entertainment.</p> <p>The extension pulled in a notably broad investor set. New participants include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, alongside returning investors iGlobe Partners and OCBC&rsquo;s LionX Ventures. The mix of Chinese strategic capital, Korean institutional money, and Singaporean bank-backed venture funding says something about where the AI media stack is being financed — and it is not exclusively in California.</p>