Lovable Eyes $13.2 Billion Valuation as New Funding Talks Advance

Lovable is reportedly in talks for a new funding round that could value the AI coding startup at $13.2 billion, underscoring strong investor demand and rapid business growth.

Shivangi Yadav

Jul 11, 2026 - 15:54

Lovable Eyes $13.2 Billion Valuation as New Funding Talks Advance

Image Credit: Chatgpt

Swedish vibe-coding startup Lovable is reportedly in discussions to raise $300 million in a new funding round that would value the company at $13.2 billion, doubling the $6.6 billion valuation it reached in December, according to a report by Sifted. Venture capital firm Menlo Ventures, which recently announced a new $3 billion investment fund, is expected to lead the round.

The startup, which is less than three years old, reached an annualised revenue run rate of $500 million in June, highlighting its rapid growth in the AI software market.

Lovable’s platform is used by founders, designers, and sales professionals to build websites and e-commerce storefronts through natural language prompts. The company also serves enterprise customers, with clients including Workday, Asana, and Nvidia.

Vibe coding, which enables users to create software simply by describing what they want, has become one of the fastest-growing AI categories. Other major players in the sector include Replit, which was valued at $9 billion in March, and Factory. This AI agent development startup raised $150 million at a $1.5 billion valuation in April. Cursor, another popular AI coding platform for developers, was acquired by SpaceX last month in a deal valued at $60 billion.

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Shivangi Yadav Shivangi Yadav is a technology writer at TechAmerica.ai, covering artificial intelligence, startups, digital platforms, consumer technology, mobility, and emerging technologies. Her reporting follows major developments across the global technology industry, from AI companies and startup funding to product launches, regulatory investigations, software platforms, and changes affecting large technology markets. At TechAmerica.ai, Shivangi looks beyond the initial announcement to understand what a development means in practice. Her coverage often examines how new technologies, regulatory decisions, and business moves could affect companies, consumers, and the wider industry. She writes for an international audience, focusing on clear, well-researched reporting that gives readers useful context on fast-moving technology stories.