Lovable aims for $13.2B valuation in new funding round

Lovable, a vibe-coding startup, is in discussions to secure $300 million, potentially increasing its valuation to $13.2 billion.

Lovable is reportedly in talks to raise $300 million, doubling its valuation from $6.6 billion to $13.2 billion.
The funding round is expected to be led by Menlo Ventures, which recently launched a $3 billion fund.
The startup has achieved a $500 million annualized revenue run rate and serves a variety of users, including large enterprises.