lovable

🚀 Lovable seeks $300 million to boost its valuation to $13.2 billion 🇸🇪🤖

The innovative Swedish startup Lovable, known for its artificial intelligence platform for app creation, is in advanced talks to raise $300 million, according to a report by TechCrunch.

Sources from ChainCatcher indicate that the prestigious firm Menlo Ventures will lead this funding round, using capital from its new $3.0 billion fund launched last month.

With less than three years in operation, Lovable has posted an impressive annualized revenue run rate of $500 million as of June.

Its tool is key for founders, designers, and sellers who want to automate web and e-commerce store development quickly.
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#Write2Earn #Lovable #ArtificialIntelligence #MenloVentures #TechInvestment

Vibe Coding startup Lovable is looking to raise funds with a valuation of $12 billion

According to Forbes, Sweden-based startup Vibe Coding, Lovable, is in talks for a new funding round, with a valuation of around $12 billion. Vibe Coding represents a new paradigm in AI-driven software development, enabling non-techies to build applications through natural language descriptions.

Why it matters: The $12 billion valuation underscores the massive potential of the AI-powered software development space – we're entering an era where "everyone is a developer" is becoming a reality.

#VibeCoding #Lovable #AI #funding