Lovable, a fast-rising startup in the emerging “vibe-coding” space, has raised US$330 million in new funding, valuing the company at US$6.6 billion, according to TechCrunch. The latest round marks a dramatic jump in valuation, more than tripling Lovable’s worth just five months after its previous funding in July.
The company’s rapid ascent reflects surging investor appetite for tools that make software development more intuitive and accessible. Lovable’s platform focuses on vibe-coding, a concept that blends artificial intelligence with natural language prompts and contextual understanding, allowing users to build applications by describing what they want rather than writing traditional code line by line.
Sources familiar with the deal told TechCrunch that the round attracted strong interest from top-tier venture capital firms, driven by Lovable’s fast-growing user base and early signs of commercial traction. The startup has reportedly seen adoption across startups, product teams, and non-technical creators looking to prototype and ship software faster.
Lovable’s growth mirrors a broader shift in the tech industry, where AI-powered developer tools are reshaping how software is built. Similar platforms have gained momentum as companies look to cut development time and costs while expanding who can participate in building digital products.
Despite the enthusiasm, analysts caution that competition in the AI coding space is intensifying, with major tech companies and well-funded startups racing to define standards and capture enterprise customers. Lovable’s challenge will be converting hype into durable revenue and defending its position as larger players move aggressively into the same market.
For now, the funding cements Lovable as one of Europe’s most valuable AI startups and underscores how quickly capital is flowing into companies promising to redefine software creation in the age of generative AI.
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