Lovable, a Swedish vibe-coding startup, is reportedly in talks to raise $300 million at a $13.2 billion valuation — double its $6.6 billion valuation from December. The round is expected to be led by Menlo Ventures. The company hit $500 million in annualized revenue run rate in June and counts Workday, Asana, and Nvidia among its enterprise customers. The news comes amid a broader vibe-coding boom, with Replit valued at $9 billion, Factory at $1.5 billion, and Cursor recently acquired by SpaceX for $60 billion.
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