Lovable Raises $400M Series C at $13.3B Valuation
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Lovable Raises $400 Million at $13.3 Billion Valuation
European vibe-coding startup Lovable has raised $400 million in Series C funding at a $13.3 billion valuation.
The round was led by Menlo Ventures and the Scaleup Europe Fund, with participation from more than a dozen additional investors.
The new financing follows Lovable's rapid growth, with the company reaching $500 million in annualized run-rate revenue in June 2026.
Rapid Growth in Vibe Coding
Lovable is a vibe-coding platform that enables users to build software through natural-language instructions and AI-powered development tools.
The company says it now hosts 60 million projects that attract approximately 900 million monthly visitors.
Lovable has also developed its own internally trained AI model while continuing to offer users access to other frontier AI models.
Growing AI Infrastructure
As Lovable's user base and project volume have expanded, the company has increased its investment in the infrastructure supporting its platform.
In June 2026, Lovable signed a multiyear agreement with Google Cloud that increased its usage fivefold.
The company has also invested in other European startups, including Danish startup Atech, which is developing vibe-coding software for hardware design.
Previous Funding and Valuation
Lovable's latest financing follows a $330 million round announced in December 2025 at a $6.6 billion valuation.
That round was also led by Menlo Ventures, with CapitalG serving as co-lead.
The latest $13.3 billion valuation represents roughly a doubling of the company's valuation in less than a year.
Funding to Support Continued Growth
The new $400 million Series C will give Lovable additional capital to support its continued growth and development as demand for AI-powered software development platforms increases.
With rapidly growing project volumes, proprietary AI capabilities, and expanded cloud infrastructure, Lovable is positioning itself as one of Europe's leading companies in the emerging vibe-coding market.
