Swedish ‘Vibe Coding’ Startup Lovable in Talks for $1.5 Billion Valuation
Lovable, a Swedish artificial intelligence startup that’s streamlining software development, is in advanced talks for a significant funding round that could catapult it to becoming one of Europe’s most valuable AI newcomers.
The company has been engaged in discussions with US investors to secure at least $100 million in funding at a valuation of $1.5 billion or potentially higher, according to sources familiar with the negotiations. While these talks are still in the early stages, and the terms are subject to change, the development underscores the growing interest in AI technologies that simplify software development.
Lovable’s innovative technology enables individuals without prior programming knowledge to create applications and websites, democratizing access to software development. This capability is at the heart of its appeal to investors and users alike.
The funding round and valuation discussions are ongoing, with the terms potentially evolving as negotiations progress. The development is a testament to the growing interest in AI-driven solutions that make complex tasks more accessible.
As the tech industry continues to evolve, startups like Lovable are at the forefront of innovation, pushing the boundaries of what’s possible with AI and software development.
