Traders are clambering to get onto Swedish vibe-coding startup Lovable’s cap desk, making unsolicited affords of funding that worth the corporate at greater than $4 billion, studies Monetary Instances.
Lovable CEO Anton Osika isn’t at the moment participating with the flurry of inbound, the Instances says, which comes just a few weeks after the startup introduced a $200 million spherical at a $1.8 billion valuation in a deal led by Accel. A Lovable spokesperson informed the outlet the corporate isn’t fundraising now. TechCrunch has reached out for additional remark.
Lovable has grown rapidly over its brief lifespan. In July, the startup stated its annual recurring revenues had surpassed $100 million with greater than 10 million initiatives constructed utilizing the platform.
The astounding trajectory of Europe’s hottest unicorn comes simply 9 months after Lovable launched, and comes on the heels of investor curiosity in vibe-coding startups. Cursor-maker Anysphere raised $900 million in Could, greater than tripling its valuation to $9 billion.
