Lovable doubles its valuation

LinkedIn
Swedish AI coding startup Lovable has raised $400 million in a Series C funding round, doubling its valuation to $13.3 billion.

Summary

Swedish vibe-coding platform Lovable has secured $400 million in a Series C funding round, pushing its valuation to $13.3 billion—more than doubling since December. Led by Menlo Ventures and co-led by EQT's Scaleup Europe Fund, the capital will support the company's expansion as it transitions from a software creation tool into an operational platform for businesses. Since its last funding round, Lovable has seen massive growth, with over 60 million projects built and 900 million monthly visits to applications created on its platform.

(Source:LinkedIn)