# Lovable raises $400m and doubles valuation; leans into enterprise support > Source: > Published: 2026-08-12 16:10:30+00:00 [vibe coding](/tag/vibe-coding/) Vibe coding platform Lovable has raised $400 million at a $13.3 billion valuation in its latest funding round, bringing a host of new investors on board as it positions itself towards the enterprise market. The Swedish startup has been a European AI darling since it launched in 2023 and has [ now raised](https://lovable.dev/blog/series-c?ref=thestack.technology) almost $1 billion across five funding rounds, continuing to weather competition from OpenAI and Anthropic. The round was led by Menlo Ventures and co-led by the EU’s new $5.7 billion [ Scaleup Europe fund](https://eic.ec.europa.eu/eic-fund/scaleup-europe-fund_en?ref=thestack.technology). New investors included Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, Regent, and the World Innovation Lab. Lovable last raised $330 million at a $6.6 billion valuation with its [ Series B round](https://lovable.dev/blog/series-b?ref=thestack.technology) in December 2025. **More for enterprises** ## Get the full story: Subscribe for free Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events. [Subscribe now](https://www.thestack.technology/membership/) Already a member? [Sign in](https://www.thestack.technology/signin/)