00:00Europe's Lovable has raised $400 million in a Series C round, valuing the vibe-coding startup
00:06at a staggering $13.3 billion. The round was led by Menlo Ventures and the Scale-Up Europe Fund,
00:13with more than a dozen investors joining the deal. Lovable's growth has accelerated rapidly,
00:19reaching $500 million in annualized revenue in June, while hosting 60 million projects
00:25and attracting roughly 900 million monthly visitors. The company is also scaling its AI
00:31infrastructure, including its own AI model and a multi-year Google Cloud deal that increases usage
00:37fivefold. Disclosure, one of the new Series C investors is Regent, the investment firm that
00:43also owns Cheddar.
Comments