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Lovable Raises $400M at a $13.3 Billion Valuation

Lovable's valuation roughly doubled in under a year, with Tencent and an EU-backed fund joining the round.

Joe JurczykCurated by Joe Jurczyk · Originally reported by BloombergUpdated

Lovable has raised $400 million in new funding at a $13.3 billion valuation, according to Bloomberg — roughly double the ~$6.6 billion the Stockholm-based startup was valued at just eight months earlier, when it closed a $330 million round in December 2025.

The jump reflects how fast the "vibe coding" category has grown over the past year. Lovable has previously said it's generating around $500 million in annualized revenue, with users starting well over a million new projects a week on the platform.

For VibeBuilder readers, the practical takeaway isn't the valuation number itself — it's what it signals: this isn't a niche hobbyist tool anymore. The company raising at this scale means continued investment in the product you're building on, which historically has meant faster feature releases and broader integrations.

Whether that valuation is "justified" is a genuinely open debate among investors — but the underlying usage numbers are what matter if you're deciding whether to build your next project here.

Originally reported by Bloomberg

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