Lovable raises $400M at a $13.3B valuation, doubling in six months
AI app-building platform Lovable closed a $400M Series C led by Menlo Ventures and the EU's Scaleup Europe Fund, taking its valuation to $13.3B just six months after a $6.6B Series B, with Tencent among the new backers.
why it mattersLovable says it now hosts 60 million projects and hit $500M in annualized revenue in June, a sign 'vibe coding' platforms are scaling as fast as dedicated coding agents.