Lovable Hits $13.3 Billion Valuation
Stockholm based startup Lovable is now valued at $13.3 billion. They just finished a new funding round that brought in $400 million. This follows their previous round from late last year.
Menlo Ventures led the investment along with the Scaleup Europe Fund. Several other major firms from Europe and Latin America joined in as well. This money will help the company expand its reach across the globe.
People are calling their software vibe coding. It helps users build apps quickly using simple language. The company plans to use this capital to keep improving their tools for developers everywhere.
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