London, United Kingdom
Global investment firm founded by Yuri Milner. Investor in Cursor and other AI companies.
On September 13, 2026, AlgeriaTech reported that generative video startup Higgsfield closed a 400 million dollar Series B round at a 5.4 billion dollar valuation, led by DST Global. The article says Higgsfield’s annualized revenue has surged to 700 million dollars with 30 million users, and that the new capital is largely earmarked for compute to power its AI video platform.
Swedish AI startup Lovable raised a $330 million Series B round at a $6.6 billion valuation to expand its “vibe-coding” app development platform. The round, reported on December 20, 2025, was led by CapitalG and Menlo Ventures’ Anthology fund with participation from major strategic and VC investors.([deccanfounders.com](https://deccanfounders.com/2025/20/news/ai-app-development-vibe-coding-funding/?utm_source=openai))