Lovable has announced a successful Series C funding round, raising $400 million at a valuation of $13.3 billion. The round was led by Menlo Ventures and the Scaleup Europe Fund, with participation from various other investors. The startup has experienced significant growth, now hosting 60 million projects and attracting 900 million monthly visitors.
With the new funding, Lovable is poised to enhance its AI capabilities and expand its infrastructure to support its growing user base. Watch for potential partnerships or acquisitions in the tech space, as Lovable may leverage its resources to further innovate in vibe-coding.