Swedish AI startup Lovable is reportedly in talks to raise $300 million at a $13.2 billion valuation, doubling its previous worth. The company has reached a $500 million annualized revenue run rate and serves major enterprise clients like Nvidia and Workday through its 'vibe coding' platform.
Background
The rise of 'vibe coding' tools has accelerated AI adoption in software development, with competitors like Cursor achieving massive valuations through acquisitions.
- Source
- TechCrunch
- Published
- Jul 9, 2026 at 06:41 AM
- Score
- 8.0 / 10