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Lovable raises $400M Series C, valuation doubles to $13.3B
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European vibe-coding startup Lovable raised $400M in a Series C round at a $13.3B valuation, doubling its December valuation of $6.6B after reaching $500M in annualized run rate revenue.
The doubling of Lovable's valuation in roughly ten months signals that AI-assisted coding platforms are generating real commercial traction, not just user curiosity. The company's scale, 60 million projects and 900 million monthly visitors, combined with its investment in proprietary models and infrastructure suggests the market for vibe-coding tools is maturing rapidly and concentrating around well-funded players.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Lovable raised $400M in Series C funding at a $13.3B valuation, roughly double its December valuation of $6.6B.
The company reached $500M in annualized run rate revenue in June and hosts 60 million projects with 900 million monthly visitors.
Lovable signed a multiyear Google Cloud deal representing a fivefold usage increase and offers its own in-house trained AI model alongside frontier models.
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