{"slug": "vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise", "title": "Vibe coding startup Lovable doubles valuation to $13.3B on $400M raise", "summary": "Lovable Labs Inc., a Swedish AI coding startup, raised $400 million in Series C funding at a $13.3 billion valuation, doubling its December valuation of $6.6 billion. The company, founded by CEO Anton Osika and Fabian Hedin, reports over 60 million projects built on its platform and annualized revenue of $500 million as of June, with expectations to reach $600 million by August. Menlo Ventures and Scaleup Europe Fund co-led the round, bringing total funding to over $930 million.", "body_md": "### Vibe coding startup Lovable doubles valuation to $13.3B on $400M raise\n\n[Lovable Labs Inc.](https://lovable.dev/) said today it has raised $400 million in Series C funding at a $13.3 billion valuation. The Swedish artificial intelligence coding startup was worth $6.6 billion [in December](https://siliconangle.com/2025/12/18/ai-coding-startup-lovable-raises-330m-round-backed-nvidia-tech-heavyweights/).\n\nThe company sells a vibe coding service. Users describe what they want in plain language and the platform builds it. Hosting is included.\n\nChief Executive Anton Osika and Fabian Hedin started the company in 2023, though the product did not open to the public until November 2024. Lovable says more than 60 million projects have been built on it since. Those apps draw 900 million visits a month.\n\nAnnualized revenue hit $500 million in June, up from $200 million in November 2025. Lovable expects to end August at $600 million.\n\nEnterprise adoption is the piece Lovable is pushing hardest. Employees at nearly two-thirds of the Fortune 500 use the product, up from about half six months ago, and named customers include Nvidia Corp., Adidas AG, Hearst Communications Inc. and Zendesk Inc. Enterprise contracts still account for only about $20 million of annualized revenue, leaving most of the business with individuals and small teams paying by subscription.\n\nLovable says nearly eight in 10 of its users are building a business or side project they intend to monetize, and that more than a third of those are already earning revenue.\n\nThe new funding is going toward deeper enterprise integrations, governance and permissions controls, and further training of Lovable’s in-house models. The company also wants roughly 450 staff by year’s end, up about 50%, most of them in machine learning, product, infrastructure and security. It is also filling out offices in London, Boston, San Francisco and New York alongside the Stockholm headquarters.\n\nMenlo Ventures co-led [the round](https://lovable.dev/blog/series-c) with the Scaleup Europe Fund, a European Commission-backed vehicle managed by Swedish investment firm EQT AB. Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent Holdings Ltd., World Innovation Lab and Regent invested for the first time. Returning backers included Accel, Antler, CapitalG, DST Global, Evantic Capital, HubSpot Ventures and Salesforce Ventures.\n\nMenlo co-led the company’s $330 million Series B in December. Accel led a $200 million Series A at $1.8 billion in [July 2025](https://siliconangle.com/2025/07/17/ai-vibe-coding-startup-lovable-raises-200m-1-8b-valuation/).\n\n“Lovable is, and will continue to be, one of the most generational companies of the AI era,” Matt Murphy, a partner at Menlo Ventures, wrote in the company’s funding announcement.\n\nIncluding the new funding, Lovable has raised more than $930 million to date.\n\n##### Image: Lovable\n\n# A message from John Furrier, co-founder of SiliconANGLE:\n\nSupport our mission to keep content open and free by engaging with theCUBE community. **Join theCUBE’s Alumni Trust Network**, where technology leaders connect, share intelligence and create opportunities.\n\n**15M+ viewers of theCUBE videos**, powering conversations across AI, cloud, cybersecurity and more** 11.4k+ theCUBE alumni**— Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.\n\n# Are you AWS customer? Support SiliconANGLE Financially by buying your AWS services from our Marketplace portal page and links.\n\n**About SiliconANGLE Media**\n\n[SiliconANGLE](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fsiliconangle.com%2F&esheet=54119777&newsitemid=20240910506833&lan=en-US&anchor=SiliconANGLE&index=9&md5=646b1b564e2259100a2b8638aab0a552),\n\n[theCUBE Network](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.thecube.net%2F&esheet=54119777&newsitemid=20240910506833&lan=en-US&anchor=theCUBE+Network&index=10&md5=7de2a85f95ab4a4a495cede20b8cb1da),\n\n[theCUBE Research](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fthecuberesearch.com%2F&esheet=54119777&newsitemid=20240910506833&lan=en-US&anchor=theCUBE+Research&index=11&md5=7bb33676722925eb57d588ec343e4f6f),\n\n[CUBE365](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.cube365.net%2F&esheet=54119777&newsitemid=20240910506833&lan=en-US&anchor=CUBE365&index=12&md5=d310fb35919714e66ad8d42c9c0c1bc6),\n\n[theCUBE AI](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.thecubeai.com%2F&esheet=54119777&newsitemid=20240910506833&lan=en-US&anchor=theCUBE+AI&index=13&md5=b8b98472f8071b23ebb10ab9a8dd0683)and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.\n\nFounded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.", "url": "https://wpnews.pro/news/vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise", "canonical_source": "https://siliconangle.com/2026/08/12/vibe-coding-startup-lovable-doubles-valuation-13-3b-400m-raise/", "published_at": "2026-08-12 22:33:15+00:00", "updated_at": "2026-08-12 22:36:03.108440+00:00", "lang": "en", "topics": ["ai-startups", "generative-ai", "ai-products", "developer-tools"], "entities": ["Lovable Labs Inc.", "Anton Osika", "Fabian Hedin", "Menlo Ventures", "Scaleup Europe Fund", "Nvidia Corp.", "Adidas AG", "Hearst Communications Inc."], "alternates": {"html": "https://wpnews.pro/news/vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise", "markdown": "https://wpnews.pro/news/vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise.md", "text": "https://wpnews.pro/news/vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise.txt", "jsonld": "https://wpnews.pro/news/vibe-coding-startup-lovable-doubles-valuation-to-13-3b-on-400m-raise.jsonld"}}