Swedish startup Lovable has secured a significant $330 million in Series B funding, achieving a substantial valuation of $6.6 billion. This funding round was co-led by Google’s venture capital arm, CapitalG, and Menlo Ventures, with notable participation from Nvidia’s venture arm, NVentures. The substantial investment underscores the growing confidence in the “vibe coding” sector, which promises to democratize software development.
The round significantly triples Lovable’s valuation from its previous funding in July and brings its total raised in 2025 to over $500 million. This influx of capital positions Lovable to further accelerate its growth and expand its platform.
Lovable’s innovative approach leverages artificial intelligence to enable users to create applications and websites through simple text prompts, eliminating the need for traditional coding expertise. This “vibe coding” paradigm is attracting considerable attention from both enterprise clients and individual founders who seek to rapidly develop digital products.
“Lovable has achieved something rare: building a product that enterprises and founders alike find indispensable,” stated Laela Sturdy, Managing Partner at CapitalG. “The immense demand we are witnessing from Fortune 500 companies signifies a profound transformation in how software is conceived and constructed.”
The company’s rapid ascent is marked by its impressive revenue growth. Lovable reported $200 million in annual recurring revenue (ARR) in November, a remarkable feat less than a year after crossing the $1 million ARR threshold. Founded in 2023 by Anton Osika and Fabian Hedin, Lovable is at the forefront of a new wave of AI-powered development tools.
The broader “vibe coding” market is experiencing a surge of investor interest. Companies in this space are attracting substantial funding rounds as they aim to dramatically shorten the software development lifecycle. Recent high-profile investments in similar ventures include Anysphere’s $2.3 billion funding at a $29.3 billion valuation, Replit’s $3 billion valuation after raising $250 million, and Vercel’s $9.3 billion valuation following a $300 million round. These investments collectively highlight a significant market shift towards more accessible and efficient software creation methodologies, with Lovable emerging as a key player in this rapidly evolving landscape.
Original article, Author: Tobias. If you wish to reprint this article, please indicate the source:https://aicnbc.com/14720.html
