--- title: ‘It’s still day zero’: Lovable is worth $13.3bn, and the... description: Lovable, the Stockholm-based vibe-coding startup, raised $400m at a $13.3bn valuation, more than doubling its worth since December. The round was co-led by... canonical: https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: ‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder | daily.dev og:description: Lovable, the Stockholm-based vibe-coding startup, raised $400m at a $13.3bn valuation, more than doubling its worth since December. The round was co-led by... og:url: https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d og:image: https://api.daily.dev/og/posts/thfJXJi6d.png og:image:alt: ‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # ‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments ## Summary Lovable, the Stockholm-based vibe-coding startup, raised $400m at a $13.3bn valuation, more than doubling its worth since December. The round was co-led by Menlo Ventures and the EU's Scaleup Europe Fund, marking one of the fund's first disclosed investments and signaling Brussels' concern about European startups relocating to the US. Revenue is nearing a $600m run rate, nearly triple December's figure, with over 60 million projects built on the platform and clients including Nvidia, Adidas, Zendesk, and Deutsche Telekom. The company plans to grow headcount by 50% to 450 people, expand into Latin America, and add security features after past criticism over the reliability of AI-generated code. Competitors are also surging: Replit hit $9bn in March and SpaceX bought Cursor for $60bn in June. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much did Lovable raise in its latest funding round and at what valuation? Lovable raised $400m at a $13.3bn valuation, co-led by Menlo Ventures and the EU's Scaleup Europe Fund. This more than doubled its $6.6bn valuation from eight months earlier, when it raised $300m. The round closed $100m above the $300m at $13.2bn that had been rumored the week before. _Founders benchmarking AI coding startup valuations can follow funding rounds like this on daily.dev._ ### What is the EU Scaleup Europe Fund and why did it invest in Lovable? The Scaleup Europe Fund is a €5bn EU investment vehicle managed by Swedish asset manager EQT, and Lovable is one of its first disclosed investments. The fund exists because European startups keep relocating headquarters or listing in the US once they grow, and EQT partner Victor Englesson said backing by mostly American investors accelerates that shift. _Engineers weighing where AI startups are headquartered can track shifts like this on daily.dev._ ### What is Lovable's revenue and user growth as of its Series C funding round? Lovable is on track for a revenue run rate close to $600m, nearly triple its December figure, and was profitable before this round. More than 60 million projects have been built on the platform, with 1.2 million new ones weekly, and Lovable reports over 900 million monthly visits to apps built on it. _Developers comparing traction across AI app builders can follow growth metrics like these on daily.dev._ ## Similar posts on daily.dev - [Lovable reportedly in talks to double its valuation to $13.2B](https://daily.dev/posts/lovable-reportedly-in-talks-to-double-its-valuation-to-13-2b-5dctbpyji) · TechCrunch · 0 upvotes · 0 comments - [Lovable is reportedly in talks to raise $300M at a $13.2bn valuation](https://daily.dev/posts/lovable-is-reportedly-in-talks-to-raise-300m-at-a-13-2bn-valuation-o6imakvx2) · The Next Web · 0 upvotes · 0 comments - [Vibe-coding startup Lovable raises $330M at a $6.6B valuation](https://daily.dev/posts/vibe-coding-startup-lovable-raises-330m-at-a-6-6b-valuation-heyq4y2o2) · TechCrunch · 2 upvotes · 0 comments --- Tags: [#ai-coding](https://daily.dev/tags/ai-coding), [#lovable](https://daily.dev/tags/lovable), [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#vibe-coding](https://daily.dev/tags/vibe-coding) [View this post on daily.dev](https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder","url":"https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d"},"datePublished":"2026-08-12T11:14:03.028Z","dateModified":"2026-10-15T02:14:55.777Z","description":"Lovable, the Stockholm-based vibe-coding startup, raised $400m at a $13.3bn valuation, more than doubling its worth since December. The round was co-led by...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/424dbb05323e1e66fe2c7c57825710ff?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/424dbb05323e1e66fe2c7c57825710ff?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-coding,lovable,startup,venture-capital,vibe-coding","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/it-s-still-day-zero-lovable-is-worth-13-3bn-and-the-eu-just-became-a-shareholder-thfjxji6d#faq","mainEntity":[{"@type":"Question","name":"How much did Lovable raise in its latest funding round and at what valuation?","acceptedAnswer":{"@type":"Answer","text":"Lovable raised $400m at a $13.3bn valuation, co-led by Menlo Ventures and the EU's Scaleup Europe Fund. This more than doubled its $6.6bn valuation from eight months earlier, when it raised $300m. The round closed $100m above the $300m at $13.2bn that had been rumored the week before. Founders benchmarking AI coding startup valuations can follow funding rounds like this on daily.dev."}},{"@type":"Question","name":"What is the EU Scaleup Europe Fund and why did it invest in Lovable?","acceptedAnswer":{"@type":"Answer","text":"The Scaleup Europe Fund is a €5bn EU investment vehicle managed by Swedish asset manager EQT, and Lovable is one of its first disclosed investments. The fund exists because European startups keep relocating headquarters or listing in the US once they grow, and EQT partner Victor Englesson said backing by mostly American investors accelerates that shift. Engineers weighing where AI startups are headquartered can track shifts like this on daily.dev."}},{"@type":"Question","name":"What is Lovable's revenue and user growth as of its Series C funding round?","acceptedAnswer":{"@type":"Answer","text":"Lovable is on track for a revenue run rate close to $600m, nearly triple its December figure, and was profitable before this round. More than 60 million projects have been built on the platform, with 1.2 million new ones weekly, and Lovable reports over 900 million monthly visits to apps built on it. Developers comparing traction across AI app builders can follow growth metrics like these on daily.dev."}}]} ```