Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion – almost double that of the previous year.$6.6 billion The valuation the company achieved last December, investigation and report submitted. Menlo Ventures, a firm that announced its latest 3 billion dollar fund It is expected to lead the round last month, according to the report.
Less than three years old startup hit $500 million In June the annual revenue run rate.
Lovable’s users include founders, individual designers, and sellers building websites and e-commerce storefronts. The company also sells its Vibe-coding tools to large enterprises, including Workday, Asana, and Nvidia.
Vibe coding, which allows users to create software by simply describing it, is by far the most popular and engaging use case for AI. Other high-profile vibe-coding startups include Replit, which is valued at $9 billion in March, and Factory, a startup that helps enterprises develop AI agents, which raised 150 million dollars At a valuation of $1.5 billion in April. Meanwhile, Cursor, which offers Vibe coding for developers, was acquired by SpaceX $60 billion Last month.
