Lovable, the European AI-powered vibe-coding startup, has confirmed it raised $400 million in a Series C round led by Menlo Ventures and the Scaleup Europe Fund, valuing the company at $13.3 billion, with more than a dozen additional investors participating.
The new funding follows Lovable’s disclosure in June that it had reached $500 million in annualized run rate revenue. Its previous round, announced in December, brought in $330 million at a $6.6 billion valuation, also led by Menlo Ventures alongside co-lead CapitalG.
The company said it now hosts 60 million projects and attracts 900 million monthly visitors, growth that has driven increased investment in its underlying AI infrastructure. Lovable offers its own in-house trained AI model in addition to standard frontier model options, and signed a multiyear deal with Google Cloud in June that increased its computing usage fivefold. The startup has also backed other European AI ventures, including Danish startup Atech, which applies vibe-coding techniques to hardware design.
Among Lovable’s new Series C investors is Regent, the investment firm that also owns TechCrunch.
