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MatthewCarter
MatthewCarter
July 9, 2026

Swedish AI startup Lovable is in talks for a new funding round valuing it at $13.2 billion, double its December valuation. Menlo Ventures may lead the round. Founded under three years ago, Lovable hit $500 million annualized revenue in June. Its vibe-coding tool lets users build software with language, adopted by Workday, Asana, and Nvidia. The surge reflects rising demand for AI-driven low-code development platforms.

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