{
  "id": 680706,
  "title": "Lovable confirms new $13.3B valuation, raises another $400M",
  "url": "https://urgent.news/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T16:04:27.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/"
  },
  "original_language": "en",
  "account": "Europe's beloved startup Lovable has announced its latest funding round, confirming a $13.3 billion valuation. The company revealed on Wednesday that it raised $400 million in a Series C round, led by Menlo Ventures and the Scaleup Europe Fund. Over a dozen other investors participated in this new funding.\n\nLovable's growth has been impressive, with the company hitting $500 million in annualized run rate revenue in June. This achievement comes after a previous round in December, where the startup raised $330 million at a $6.6 billion valuation, also led by Menlo Ventures.\n\nAs Lovable has expanded, its back-end needs and sophistication have increased. The company now hosts 60 million projects that attract 900 million monthly visitors. To meet these demands, Lovable offers its own in-house trained AI model alongside other frontier model options.\n\nIn June, Lovable signed a multiyear deal with Google Cloud, marking a fivefold increase in usage. The startup has also invested in other European startups, such as Danish startup Atech, which develops vibe-coding software for tech hardware. Notably, one of Lovable's new Series C investors is Regent, the investment firm that owns TechCrunch.",
  "summary": "This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Tech.eu",
        "title": "Lovable’s valuation doubles to $13.3BN as raises new funds",
        "url": "https://urgent.news/2026/08/12/lovables-valuation-doubles-to-13-3bn-as-raises-new-funds",
        "published": "2026-08-12T11:16:00.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Lovable raises $400m series C, hits $13.3b valuation",
        "url": "https://urgent.news/2026/08/12/lovable-raises-400m-series-c-hits-13-3b-valuation",
        "published": "2026-08-12T15:58:52.000Z"
      },
      {
        "outlet": "Computerworld",
        "title": "Lovable raises another $400M, confirms new $13.3B valuation",
        "url": "https://urgent.news/2026/08/12/lovable-raises-another-400m-confirms-new-13-3b-valuation",
        "published": "2026-08-12T19:28:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}