Lovable confirms new $13.3B valuation, raises another $400M
TechCrunch
Lovable has raised $400 million in a Series C funding round, securing a $13.3 billion valuation.Summary
European vibe-coding startup Lovable has confirmed a $400 million Series C funding round led by Menlo Ventures and the Scaleup Europe Fund, bringing its valuation to $13.3 billion. The new financing follows rapid growth that saw the company reach a $500 million annualized run rate revenue in June and host 60 million projects. To support its scaling backend needs, Lovable utilizes its in-house trained AI model alongside a multiyear Google Cloud agreement and has begun investing in other European startups.
(Source：TechCrunch)