Lovable just landed a $13.3 billion valuation. The European vibe-coding platform raised another $400 million in a Series C round, cementing its status as one of the continent’s fastest-scaling startups.
The round drew backing from Menlo Ventures and Scaleup Europe Fund, along with dozens of additional investors. Regent, the firm that owns TechCrunch, joined the round as a new backer.
This latest capital injection follows an explosive growth period. In June, Lovable reported $500 million in Annual Recurring Revenue. That figure represents a dramatic leap from December, when the company raised $330 million at a $6.6 billion valuation, also with Menlo Ventures in the lead.
## Scaling infrastructure and AI capabilities
The platform now hosts more than 60 million projects and pulls in over 900 million monthly visitors. Those numbers put serious strain on technical infrastructure, driving the need for expanded cloud capacity.
Lovable offers users a proprietary AI model built and trained in-house, alongside standard advanced model options. The company also signed a multi-year agreement with Google Cloud in June, a deal expected to multiply cloud service usage fivefold.
## Strengthening Europe’s tech ecosystem
Beyond its core product, Lovable has started backing other promising European ventures. The company invested in Atech, a Denmark-based hardware design startup. Industry analysts see such moves as vital for reinforcing Europe’s innovation network.
The successful round positions Lovable to deepen its footprint in the global tech market. With fresh capital and surging revenue, the company now faces the harder task of sustaining that momentum at scale.
