Lovable in talks to double valuation to $13.2B, report says
What's the deal? Lovable is reportedly in talks to raise $300 million at a $13.2 billion valuation — exactly double the $6.6 billion mark it hit in December 2025 — according to a Sifted report. Menlo Ventures, which closed a $3 billion fund in June 2026, is expected to lead the round. The Swedish startup builds AI "vibe-coding" tools that let users create apps, websites and software through natural-language prompts.
The numbers. The less-than-three-year-old company hit $500 million in annualized revenue run rate in June 2026. Its users range from individual founders, designers and salespeople building websites and storefronts to large enterprises — customers include Workday, Asana and Nvidia.
The signal. Vibe coding has become one of the most lucrative use cases for AI, and a $13.2 billion valuation would place Lovable among Europe's most valuable AI startups. Rivals are commanding similar marks: Replit was valued at $9 billion in March 2026 and Factory AIDealroom has a profile for this one. Try Dealroom → raised $150 million at a $1.5 billion valuation in April 2026, while Cursor was acquired by SpaceX for $60 billion in June 2026.
Read more: Sifted · TechCrunch
