Lovable, a European startup specializing in vibe-coding, has secured $400 million in Series C funding, bringing its valuation to $13.3 billion. The round was led by Menlo Ventures and the Scaleup Europe Fund. This significant funding follows Lovable's achievement of a $500 million annualized revenue run rate and its expansion of hosting 60 million projects. The company also recently expanded its partnership with Google Cloud for backend needs. AI
IMPACT Confirms strong investor confidence in AI-powered developer tools and infrastructure.
RANK_REASON Significant funding round for a prominent AI-adjacent company, doubling its valuation.
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