AI video company Aishi Technology closes $60 million Series B round led by Alibaba

September 10AI Video GenerationEnterprise Axiom Technologies Announces Closing of Over $60 Million Series Bfinancing, led by Alibaba, followed by investors such as Dachen Caiji, Shenzhen Venture Capital, Beijing Artificial Intelligence Industry Investment Fund, Hunan Television and Radio, Giant Network and Antler. It is reported that this is the largest single financing amount in the domestic video generation field.

Aishi TechnologyFounded in April 2023, the company launched the overseas version of PixVerse in January 2024, which quickly became popular around the world with its template-driven lightweight creation experience, and in June 2025, the company launched "Shoot Me AI" for the domestic market to meet the growing demand for AIGC creation in China. At present, the global user scale of AIC has exceeded 100 million, and a stable creator ecosystem has been built globally. Among them, PixVerse and Shoot Me AI are widely used in movie, TV, advertisement, animation and other content production scenarios, and have been on top of the app store lists in the U.S., Germany, Brazil and other countries for many times.

"The user base has just passed 100 million."

Aishi Technology said that this round of financing funds will reserve power for the company's future technology research and development and market expansion, and continue to promote the popularization of AI video generation technology.

Changhu Wang, Founder and CEO of Aishi TechnologyPreviouslyHead of Visual Technology, ByteDance, was involved in building the visual capabilities of products such as Jitterbug and TikTok from 0 to 1. Before joining Byte, he held research positions at Microsoft Research Asia and National University of Singapore.

Personal homepage of Changhu Wang, Founder and CEO of Aishi Technology Co.

"The birth of video generation technology is not accidental, it is the inevitable product of the long-term evolution of content and interaction, which is opening up a whole new era." Wang Changhu, Founder and CEO of Aishi Technology, said, "We are at the beginning of this new era, the user scale has just exceeded one hundred million, which has laid a solid foundation for us to set sail. The non-consensus of the early market on the big model of video generation has provided us with a broad space for exploration and opportunities for innovation, and also allowed us to be more agile in grasping the opportunities of the times, which is what we feel most fortunate and excited about."

In the AI video generation track, Aishi Technology is the first video generation startup to release DiT architecture in China. In the two years since its establishment, Aishi Technology has carried out five iterations of its self-developed video generation model, with a total of eight versions of updates, to provide users with quasi-real-time, high-quality and synchronized audio and video generation services.

The vigorous development of video generation is inspiring the development of AI applications to enter the fast lane. 2025 PixVerse launched the open platform API in March; in June, the domestic version of "shoot me AI" and its open platform were synchronized on-line. As of August 31, more than 100 partners have accessed the open platform of PixVerse Technology, and more than ten million videos have been generated through the API in the past six months. With the update of multi-frame and multi-subject functions, as well as the launch of V5 big model and Agent intelligent body, the threshold for partners to produce narrative movies through PixVerse (PixVerse AI) has been further reduced, and the call volume of the platform's APIs has more than doubled every month in August.

On September 7, according to the latest test results of Artificial Analysis, an authoritative independent evaluation platform, the PixVerse V5 self-developed video generation model released by Aishi Technology topped the global Image to Video list and ranked Top2 in Text to Video list, maintaining the first echelon in the world. V5 maintains its technological strength at the top of the global echelon.

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Last Friday (September 5), the domestic version of the shoot me AI online "shoot me AI free open day" limited time free activities. AI Free Open DayAI AgentIt is also one of the first video creation assistants embedded in Nano banana, which facilitates users to generate creative short films with certain scenes and plots, such as dynamic wallpaper, dynamic 3D dolls, pet theater, commercial photography and cross-dressing.

Xie Xujang, co-founder of Aishi Technology, said that Aishi Technology has been a globalized company from day one, and PixVerse is probably one of the fastest-growing AI products in the world over the past six months, and Aishi Technology has verified user demand in 80% countries around the world. "There are still billions of people around the world who haven't done video, who haven't used video to convey information, share their lives, and tell stories, and we hope to use AI to help most of these people and realize the universality of video creation."

With the iteration of multi-frame generation, multi-subject support and other functions, as well as the maturity of the V5 model and Agent technology, Aishi Technology is continuing to promote AI video generation from technological breakthroughs to large-scale applications, bringing profound changes to the content creation industry.