The new $400M Series C led by Menlo Ventures and Scaleup Europe Fund follows Lovable’s $500M run rate in June.

Lovable has confirmed a $400 million Series C round at a $13.3 billion valuation, with Menlo Ventures and Scaleup Europe Fund leading the investment. The company announced the funding on Wednesday, and the round includes participation from more than a dozen other investors.

The new round follows Lovable’s previous $330 million raise at a $6.6 billion valuation in December, also led by Menlo Ventures with CapitalG as co-lead. The startup now hosts 60 million projects that draw 900 million monthly visitors, and it has built its own in-house AI model alongside standard frontier model options.

For builders and operators, Lovable’s rapid growth shows that vibe-coding tools can achieve significant scale and revenue. The company trains its own model and signed a multiyear Google Cloud deal with a fivefold increase in usage, giving enterprise teams more robust infrastructure and performance options.

Lovable has also invested in other European startups, including Danish startup Atech, which builds vibe-coding software for tech hardware design. Watch how Lovable deploys its new capital to expand beyond app creation and into hardware development, and how it competes with larger AI model providers.

What matters

• Lovable raised $400 million in a Series C round led by Menlo Ventures and Scaleup Europe Fund.
• For builders, the round validates Lovable’s in-house AI model and Google Cloud expansion.
• Watch Lovable’s investments in European startups like Atech for hardware design expansion.

Why it matters

Watch Lovable’s investments in European startups like Atech for hardware design expansion.

This GenAI News article was prepared in original wording using reporting and materials published by TechCrunch AI. Source reference: https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/.

Drafted by the GenAI News review pipeline.