Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C funding at a $13.3 billion valuation, double its valuation from December.

Menlo Ventures and the EQT-managed Scaleup Europe Fund co-led the round. Tencent, Balderton Capital ‌and other ⁠new ⁠investors from Europe, Latin America and Asia also participated.

“This funding lets us move faster on the product, ​infrastructure, and team needed to make Lovable the best place to build and run a business,” ​Anton Osika, Lovable’s CEO and ⁠co-founder, said ‌in a statement.