Market & RegulationInvestment · $400M
Lovable raises $400M, hits $13.3B valuation
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Why it matters
- →Lovable's $13.3 billion valuation highlights its significant market impact.
- →The $400 million funding round supports its rapid growth and infrastructure expansion.
- →Lovable's in-house AI model and partnerships enhance its competitive edge.
Lovable, a prominent European startup specializing in vibe-coding, has raised $400 million in a Series C funding round, bringing its valuation to $13.3 billion. The round was led by Menlo Ventures and the Scaleup Europe Fund, with participation from over a dozen investors. Lovable has achieved a $500 million annualized revenue run rate and hosts 60 million projects with 900 million monthly visitors. The company has also expanded its infrastructure needs, signing a multiyear deal with Google Cloud. This funding round highlights Lovable's growing impact and its strategic moves in the tech industry.
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