Swedish artificial intelligence startup Lovable said it has raised $330 million in a Series B funding round, valuing the company at $6.6 billion as investors continue to back tools that simplify software creation, according to multiple news reports.
The round was led by CapitalG, the growth fund of Alphabet, and Menlo Ventures’ Anthology fund, with participation from Nvidia’s NVentures, Salesforce Ventures, Databricks Ventures, T.Capital (Deutsche Telekom) and other strategic and growth investors.
Lovable’s platform enables users to build websites and applications through natural-language prompts a method often described as “vibe ”coding” allowing non-technical users to generate functional software without traditional programming.
The company, founded in Stockholm in 2023 by Anton Osika and Fabian Hedin, has seen rapid adoption and revenue growth, achieving significant annual recurring revenue milestones within months of launch.
Lovable said it will use the new capital to expand its technology, deepen integrations with tools like Notion and Jira, enhance collaboration and enterprise features, and scale backend infrastructure to support full-stack applications beyond prototypes.
Investors view the funding as a bet on lowering barriers to software development and enabling a broader pool of “builders” to bring digital products to market more quickly.
The Series B follows a sizable $200 million Series A earlier in 2025 and underscores heightened investor interest in AI tools that can automate complex technical work.
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