In a landmark moment for the tech industry, Stockholm-based startup Lovable has raised an impressive $330 million in a Series B funding round, achieving a staggering valuation of $6.6 billion.
This funding, led by prominent investors CapitalG and Menlo Ventures, marks a more than threefold increase from its valuation of $1.8 billion just five months ago in July 2025, as reported by TechCrunch.
The Rise of Vibe-Coding: A Game-Changer in Tech
Lovable’s innovative approach, dubbed ‘vibe-coding,’ allows users to create functional apps and websites from simple text prompts, democratizing software development.
With a reported $200 million in annual recurring revenue (ARR) and over 100,000 daily projects, the platform is riding the wave of the no-code movement, empowering non-technical users worldwide.
Historical Context: Lovable’s Meteoric Growth
Founded in Sweden, Lovable has quickly emerged as one of Europe’s fastest-growing AI startups, building a user base of millions since its inception.
Previous funding rounds, including a significant Series A, showcased early investor confidence, but this latest round signals a global belief in the scalability of vibe-coding technology.
Impact on the Tech Ecosystem
The success of Lovable is poised to disrupt traditional software development, potentially reducing reliance on large developer teams and lowering costs for businesses.
This shift could accelerate digital transformation for small and medium enterprises, giving them access to tools previously reserved for tech giants.
Looking Ahead: Challenges and Opportunities
As Lovable scales, it faces challenges such as maintaining code quality and competing with other no-code platforms, but its AI-driven innovation offers a unique edge.
Future expansions may include integrations with major tech ecosystems, further solidifying its position as a market leader in accessible coding solutions.
With backing from investors like Khosla Ventures and Salesforce Ventures, Lovable is well-positioned to redefine how software is created in the coming years.
Alfred Lee
