Lovable raises $400m and doubles valuation; leans into enterprise support

Lovable, a Swedish vibe coding platform, raised $400 million at a $13.3 billion valuation in a funding round led by Menlo Ventures and co-led by the EU's Scaleup Europe fund, bringing its total funding to nearly $1 billion across five rounds. The company, which last raised $330 million at a $6.6 billion valuation in December 2025, will use the capital to expand into the enterprise market.

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/