Ai Shi Tech Secures $14M Funding Amid AI Video Boom
Ai Shi Technology Raises $14M in Series B+ Funding
Beijing, October 17, 2025 - Chinese AI video generation leader Ai Shi Technology (operating as PixVerse) announced today the completion of a 100 million RMB ($14 million USD) Series B+ funding round. The investment was led by Fosun Ruizheng Capital, with participation from Tongchuang Weiyeh and Shunxi Fund.
Market Traction and Financials
The company disclosed several key metrics:
- Annual Recurring Revenue (ARR): Exceeded $40 million USD
- Registered Users: Surpassed 100 million globally
- Monthly Active Users (MAU): Over 16 million
Since launching commercial operations in November 2024, PixVerse has achieved 10x revenue growth—a pace that outpaces competitors in the global AI video generation sector. This explosive growth underscores strong market demand for AI-powered video creation tools.
Technological Advancements
The company's proprietary video generation model has undergone:
- 5 major iterations
- 8 version updates
The latest PixVerse V5, released August 27, introduced:
- Improved generation efficiency
- Enhanced video quality
- New Agent creation assistant feature
"Our Agent feature significantly lowers the technical barrier," explained a company spokesperson. "Now any user can produce broadcast-quality videos without professional skills."
Product Strategy and Ecosystem
PixVerse employs a dual-platform approach:
- PixVerse: Global-facing platform
- Paimai AI: Domestic Chinese service
The company credits its social operation model—centered on "create-share-interact" mechanics—for driving engagement. Since introducing template effects in October 2023, the platform has observed distinct regional content preferences that inform localization strategies.
The opened API system has generated over 10 million videos, validating technical capabilities with third-party developers while creating new revenue streams.
Competitive Landscape
The AI video generation market includes:
- Global Players: Runway, Pika Labs
- Domestic Competitors: Keling Tech, Jiemeng AI
While PixVerse leads in user acquisition through social features, competition remains fierce in enterprise adoption and technological innovation.
Challenges Ahead
The industry faces ongoing hurdles:
- Content moderation requirements
- Copyright considerations
- Compute cost optimization
The fresh capital will fuel R&D, market expansion, and infrastructure development as PixVerse aims to maintain its growth trajectory.
Key Points:
- Completed ¥100M ($14M) Series B+ funding round
- Achieved $40M+ ARR with 100M+ users worldwide
- Video generation model now in fifth iteration
- Dual-platform strategy serving global and domestic markets
- Faces competition from Runway, Pika Labs domestically