Lovable confirms new $13.3B valuation, raises another $400M

# Lovable confirms new $13.3B valuation, raises another $400M | TechCrunch Source: [https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/](https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/) **Image Credits:**Lovable 9:04 AM PDT · August 12, 2026 Europe’s favorite vibe\-coding startup Lovable has confirmed[previously reported whispers](https://techcrunch.com/2026/07/08/lovable-reportedly-in-talks-to-double-its-valuation-to-13-2b/)that it was raising another mega round at a $13\.3 billion valuation\. Lovable said on Wednesday that it has[raised $400 million](https://lovable.dev/blog/series-c)in a Series C round led by Menlo Ventures and the Scaleup Europe Fund, with more than a dozen other investors participating\. This new funding comes after Lovable hit $500 million in annualized run rate revenue in June,[the startup told TechCrunch](https://techcrunch.com/2026/06/09/lovable-says-it-has-hit-500m-in-annualized-revenue-with-1-million-new-projects-a-week/)\. Its previous round, announced in December, brought in[$330 million at a $6\.6 billion valuation](https://techcrunch.com/2025/12/18/vibe-coding-startup-lovable-raises-330m-at-a-6-6b-valuation/)and was also led by Menlo Ventures, with CapitalG as co\-lead\. As the startup has grown — it now says it hosts 60 million projects that attract 900 million monthly visitors — so has its backend needs and sophistication, the company says\. Lovable, for instance,[offers its own in\-house trained AI model](https://lovable.dev/blog/the-model-picker-is-a-dead-end), as well as the usual frontier model options\. In June, it signed a[multiyear deal](https://techcrunch.com/2026/06/03/lovable-signs-multi-year-deal-with-google-cloud-to-up-usage-5x-source-says/)with Google Cloud, a fivefold increase in usage\. Lovable has also[backed other European startups](https://techcrunch.com/2026/05/14/lovable-just-backed-a-company-thats-looking-to-bring-vibe-coding-to-hardware/), such as Danish startup[Atech](https://atech.dev/), which is building vibe\-coding software that designs tech hardware\. *Note: one of Lovable’s new Series C investors is Regent, the investment firm that also owns TechCrunch\.* *When you purchase through links in our articles,[we may earn a small commission](https://techcrunch.com/techcrunch-affiliate-monetization-standards/)\. This doesn’t affect our editorial independence\.* ## Most Popular