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Alphabet and Nvidia's VC arms invested in Lovable's $330 million Series B round, bringing the startup's valuation to $6.6 billion. Lovable's platform allows users to create apps and websites with AI, catering to both enterprises and individual founders. The company reported $200 million in annual recurring revenue just a year after its initial revenue milestone.
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Alphabet and Nvidia's venture arms have invested in Lovable, a Swedish startup focused on vibe coding, raising $330 million in a Series B round at a valuation of $6.6 billion. This investment triples Lovable's previous valuation from July and includes backing from notable firms like Accel, Khosla Ventures, and several others including Salesforce and Atlassian Ventures. With this latest funding, Lovable has surpassed $500 million raised in 2025 alone.
Lovable's platform allows users to create apps and websites using AI-driven tools, requiring no coding knowledge. The company reported achieving $200 million in annual recurring revenue just months after reaching $1 million for the first time. Founded in 2023 by Anton Osika and Fabian Hedin, Lovable is part of a trend in vibe coding startups that are gaining traction among investors for their potential to speed up software development.
The increasing interest in vibe coding reflects a shift in the software development landscape, with Fortune 500 companies showing strong demand for these solutions. Other startups in the same space, like Anysphere and Replit, have also secured significant funding recently, indicating robust investor confidence in tools that simplify coding and app creation.
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