Lovable Raises $400M in Series C Funding at $13.3B Valuation

Lovable, a European vibe-coding startup, has raised $400 million in a Series C funding round led by Menlo Ventures and the Scaleup Europe Fund, bringing its valuation to $13.3 billion. This follows a previous $330 million raise at a $6.6 billion valuation in December 2025. The company now reports $500 million in annualized run rate revenue and hosts 60 million projects with 900 million monthly visitors. Lovable has developed its own AI model and signed a multiyear deal with Google Cloud, seeing a fivefold increase in usage. The startup also invests in other European ventures like Danish firm Atech. The funding highlights Lovable’s growth in backend infrastructure and its expanding ecosystem within the tech industry.