Lovable reportedly in talks to double its valuation to $13.2B
Swedish startup Lovable is reportedly in talks to raise $300 million, which would double its valuation to $13.2 billion. The company specializes in 'vibe-coding,' an AI-driven software development tool that allows users to build applications through natural language descriptions.
Why it matters
The massive valuation highlights the surging investor appetite for AI-powered software development tools that enable non-technical users to build enterprise-grade applications.
Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion — exactly double the $6.6 billion valuation the company achieved last December, Sifted reported . Menlo Ventures, a firm that announced its latest $3 billion fund last month, is expected to lead the round, according to the report.
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