Accel is participating in the round, the sources said, adding it would more than triple the valuation it achieved with its previous round in July.

Every seat in Copenhagen’s Bella Center was full as Anton Osika, the co-founder of the AI coding app Lovable, took the stage at this year’s TechBBQ conference. Lovable specializes in helping people ...

Alphabet Inc.’s CapitalG fund and Menlo Ventures jointly led the Series B round. They were joined by the venture capital arms of Nvidia Corp., Salesforce Inc., HubSpot Inc., Atlassian Corp. and ...

The rapid rise of AI-powered coding tools has turned the founders of Lovable into billionaires just two years after the startup was created, with one becoming among Europe’s youngest self-made ...

Lovable’s cofounders are now billionaires, after the popular ‘vibe coding’ startup raised a new round that vaulted its valuation to $6.6 billion, tripling in less than six months. In July, it became ...

After launching in November 2024, the company had reached $100 million in annual recurring revenue in just eight months.

In an age where images and texts can be whipped up by a few clicks, a Swedish start-up has swiftly risen as a luminary in vibe coding, or artificial intelligence-powered software building.