Vibe coding platform Lovable has raised $400 million at a $13.3 billion valuation in its latest funding round, bringing a host of new investors on board as it positions itself towards the enterprise market.
The Swedish startup has been a European AI darling since it launched in 2023 and has now raised almost $1 billion across five funding rounds, continuing to weather competition from OpenAI and Anthropic.
The round was led by Menlo Ventures and co-led by the EU’s new $5.7 billion Scaleup Europe fund. New investors included Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, Regent, and the World Innovation Lab.
Lovable last raised $330 million at a $6.6 billion valuation with its Series B round in December 2025.
