PANews
PANews|Aug 12, 2026 10:24
[AI Programming Startup Lovable Completes $400 Million Series C Funding, Valuation Reaches $13.3 Billion] According to Bloomberg, Swedish AI programming startup Lovable has completed $400 million in Series C funding, with a valuation reaching $13.3 billion. This round of funding was led by Menlo Ventures and the EU's Scaleup Europe Fund, with participation from Tencent and several other institutions. Founded in 2023, Lovable primarily provides AI tools that enable the creation of websites and applications through natural language prompts. Its enterprise clients include Adidas, Deutsche Telekom, and Hearst Corporation.
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