**[Swedish AI Programming Startup Lovable Completes $400 Million Series C Financing, Valuation Reaches $13.3 Billion]** Deep Tide TechFlow reports that on August 12, according to Bloomberg, Swedish AI programming startup Lovable, based in Stockholm, announced the completion of a $400 million Series C financing round, bringing its valuation to $13.3 billion. This round was co-led by Menlo Ventures and the EU-backed investment institution Scaleup Europe Fund (managed by EQT AB), with participation from multiple venture capital firms. New investors from Latin America and Asia, including Tencent Holdings, also joined the round. Lovable focuses on the AI-assisted programming sector and is accelerating its expansion to compete with larger-scale rivals such as Anthropic.