According to SiliStar, on March 5th, Aisith Technology announced the completion of its A5 round of financing, exclusively invested by Jingya Capital, with Guangyuan Capital serving as the exclusive financial advisor. Insiders revealed that Aisith Technology has accumulated over 400 million yuan in financing, making it a star company in the AI video generation field.
Aisith Technology was founded in 2023 by Wang Changhu, former head of visual technology at ByteDance. The team comprises members from renowned institutions such as ByteDance and Microsoft Research Asia. Since its inception, the company has quickly gained favor from investors such as Ant Group and Shunxi Fund, leveraging its strong technical capabilities and ByteDance background.
This round of financing will primarily be used to accelerate model and product development, and to attract top talent. Aisith Technology is committed to building a world-leading AI video generation large model and its applications. Its product, PixVerse, boasts over 40 million global users and 15 million monthly active users. PixVerse V4 adds features like sound effects, voiceovers, and video redrawing, and it pioneered 5-second ultra-fast generation, showcasing its leading technology.
Aisith Technology aims to become the "DeepSeek" of the multimodal field, but faces pressure from domestic and international competitors such as OpenAI, ByteDance, and Kuaishou. The company has begun commercialization attempts, generating revenue from the overseas market and actively expanding B-end enterprise services.
2025 will be a crucial year for domestic AI startups, and Aisith Technology also faces commercialization challenges. With more funding, Aisith Technology will gain more leverage in the AI technology race, but it still needs to withstand further tests.