Vibe-coding startup Lovable raises $330M at a $6.6B valuation
Lovable has seen its valuation more than triple just five months after the company’s last funding round in July.
Lovable has seen its valuation more than triple just five months after the company’s last funding round in July.
The region’s startup market is hungry for its first trillion-dollar startup, and in many ways has set itself up to reach that goal.
Lovable CEO Anton Osika said he credits ignoring advice to move to Silicon Valley for the AI coding company’s success.
The platform has attracted an eclectic user base. More than half of Fortune 500 companies are using Lovable to “supercharge creativity,” according to Osika, who insisted retention remains strong.
Salesforce is also releasing a vibe coding agent named Vibe Codey to help companies foray into vibe coding with enterprise security.
Lovable specializes in helping people build apps and websites, especially people with no coding experience. It’s one of the standouts in the popular AI category known as vibe-coding, which lets users guide AI models as they produce code, websites, or whole applications.
Investors are clambering to get onto Swedish vibe-coding startup Lovable’s cap table, making unsolicited offers of investment that value the company at more than $4 billion.
Lovable is a vibe coding startup growing phenomenally quickly, according to new sales projections from CEO Anton Osika.
And its finding customers and investors, including $2.54 million in seed funding.
Less than a week after becoming Europe’s latest unicorn, Swedish vibe coding startup Lovable has now crossed the $100 million annual recurring revenue mark.