Europe’s favorite vibe-coding startup Lovable has confirmed previously reported whispers that it was raising another mega round at a $13.3 billion valuation. Lovable said on Wednesday that it has raised $400 million in a Series C round led by Menlo Ventures and the Scaleup Europe Fund, with more than a dozen other investors participating.
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch. Its previous round, announced in December, brought in $330 million at a $6.6 billion valuation and was also led by Menlo Ventures, with CapitalG as co-lead.
