Software Democratization
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Venture Capital Arms of Google and Nvidia Invest in Vibe Coding Startup Lovable
Swedish startup Lovable has raised $330 million in Series B funding, reaching a $6.6 billion valuation. Co-led by CapitalG and Menlo Ventures, the investment highlights growing confidence in “vibe coding,” an AI-driven approach allowing app creation through text prompts. This funding triples Lovable’s previous valuation and accelerates its mission to democratize software development, building on impressive revenue growth and a burgeoning market trend.