Lovable reportedly in talks to double its valuation to $13.2B
TechCrunch
Swedish startup Lovable is reportedly raising $300 million in a new funding round that would double its valuation to $13.2 billion.Summary
Swedish "vibe-coding" startup Lovable is reportedly in negotiations to raise $300 million, a move expected to double its valuation to $13.2 billion. Menlo Ventures is reportedly set to lead this investment round. The startup has experienced rapid growth, reaching a $500 million annualized revenue run rate as of June, and serves a diverse user base ranging from individual creators to major enterprises like Nvidia, Workday, and Asana. The company's success highlights the surging market interest in vibe-coding technology, which enables users to build software through natural language descriptions.
(Source：TechCrunch)