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Lovable reportedly in talks to double its valuation to $13.2B

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CitrixNews Staff
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Lovable reportedly in talks to double its valuation to $13.2B

Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion — exactly double the$6.6 billion valuation the company achieved last December, Sifted reported. Menlo Ventures, a firm that announced its latest $3 billion fund last month, is expected to lead the round, according to the report.

The less-than-three-year-old startup hit $500 million in annualized revenue run rate in June.

Originally reported by TechCrunch. Read the full story at the original source.