Lovable, a Europe-based vibe-coding startup, has confirmed a new $13.3 billion valuation and raised $400 million in a Series C funding round. The funding was led by Menlo Ventures and the Scaleup Europe Fund, with more than a dozen other investors participating. This new funding comes after Lovable hit $500 million in annualized run rate revenue in June.
Lovable Raises $400M at $13.3B Valuation
UKPulse Money DeskLovable, a Europe-based vibe-coding startup, has confirmed a new $13.3 billion valuation and raised $400 million in a Series C funding round.
- Lovable has raised $400 million in a Series C funding round at a $13.3 billion valuation.
- The startup has reached $500 million in annualized run rate revenue, according to its own figures.
- Lovable hosts 60 million projects and attracts 900 million monthly visitors.
Why this matters: The significant funding and valuation of Lovable indicate its growing importance in the tech industry.
What this means for you: This development may be of interest to investors and tech enthusiasts, but has no direct practical implications for individual readers.