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Menlo Ventures

5 posts
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Higgsfield’s valuation quadruples to $5.4bn as enterprise AI video becomes the real growth engine

Higgsfield has secured $400 million at a $5.4 billion valuation as its annualised revenue run rate reaches $700 million. The bigger shift is commercial: businesses now generate most revenue, turning AI video from a creator experiment into an enterprise marketing platform whose infrastructure economics and customer retention must now justify a rapidly expanding valuation.
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Lovable is now worth $13.3bn, but its biggest test starts after the app is built

Swedish AI software company Lovable has doubled its valuation to $13.3 billion just eight months after its previous funding round. The $400 million Series C gives Lovable more capital to turn AI-assisted app creation into a broader platform for running businesses, but the valuation increasingly depends on revenue quality, infrastructure economics and enterprise adoption rather than headline project creation.
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Obsidian Security becomes unicorn as enterprises seek controls for autonomous AI agents

Palo Alto-based Obsidian Security has secured an $85 million Series D led by Crescent Cove Advisors, turning the enterprise cybersecurity company into a unicorn. The financing gives Obsidian more runway to expand AI-agent governance, but its $1.1 billion valuation will ultimately depend on whether runtime controls can become a repeatable enterprise security standard.