US EditionLovable valued at $6.6 billion in latest funding round as AI coding demand surges
Lovable tripled its valuation in five months, raising $330 million to enhance integrations and infrastructure for customers to build full software products, with 320,000 paying users.
- Swedish startup Lovable raised $330 million in a Series B funding round led by CapitalG and Menlo Ventures, valuing the company at $6.6 billion.
- Lovable's platform uses AI models to help users build apps and websites using text prompts, without coding knowledge.
- The startup reported $200 million in annual recurring revenue in November, just under a year after achieving $1 million in ARR for the first time.
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Lovable wants to be 'the last piece of software' for companies, CEO says
Swedish AI coding startup Lovable has just raised $330 million in Series B funding round at a $6.6 billion valuation, more than tripling its worth from just five months ago. CEO Anton Osika told Fortune the funding would further the company’s mission to become “the last piece of software” needed by companies and developers. The round was led by CapitalG and Menlo Ventures’ Anthology fund, with participation from NVIDIA’s venture arm NVentures, S…
Google and Nvidia back Swedish vibe coding startup Lovable at $6.6B valuation after $200M ARR surge - Tech Startups
The venture capital arms of Google and Nvidia have joined a $330 million Series B investment in Lovable, a Stockholm-based vibe coding startup now valued at $6.6 billion. The company confirmed the round on Thursday, marking one of the largest […] The post Google and Nvidia back Swedish vibe coding startup Lovable at $6.6B valuation after $200M ARR surge first appeared on Tech Startups.
What is vibe coding, and why are Nvidia, Google backing Lovable at $6.6B valuation?
The venture capital arms of Nvidia and Google have backed Swedish startup Lovable in a $330 million Series B round that values the vibe coding platform at $6.6 billion. The investment triples Lovable’s valuation in just five months and comes as the Stockholm company hit $200 million in annual recurring revenue. The number marks a milestone that underscores explosive demand for AI-native software development tools. The round included participatio…
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