Lovable reportedly in talks to double its valuation to $13.2B
Lovable, a Swedish startup, is seeking $300 million in a valuation of $13.2 billion, doubling its previous round. Menlo Ventures is leading the round, reflecting investor confidence in its growth and market traction. The company's focus on vibe-coding, an AI tool for software development, has attracted both individual users and large enterprises, with revenue reaching $500 million in annualized run rate.
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