Lovable Raises $400 Million Series C at $13.3 Billion Valuation

European AI coding startup Lovable announced a $400 million Series C on August 13, 2026, led by Menlo Ventures and the Scaleup Europe Fund at a $13.3 billion valuation. The company reported $500 million in annual recurring revenue in June and now hosts 60 million projects with 900 million monthly visits.

As a leading vibe-coding company, Lovable's financing and valuation growth reflect investor interest in AI coding tools and may affect expectations for education adoption. The round sends a funding signal for deployment at scale in education and may encourage more education products to integrate similar features.