| Lovable has announced it raised $400m (€347m; £296m) in a Series C funding round. The Swedish vibe-coding company is now valued at $13.3bn, more than doubling its valuation since its Series B round in December. The funding round was led by Menlo Ventures and co-led by the newly launched Scaleup Europe Fund, managed by private equity firm EQT. The fund is part of Horizon Europe and supports companies developing critical technologies, including artificial intelligence, quantum computing and clean tech. [link] [comments] |