Tencent and EU Fund Invest in AI Coding Startup Lovable at $13B Valuation
pstAsiatech · x · 2026-08-12
Swedish AI coding startup Lovable has secured fresh capital at a $13 billion valuation. The funding round saw participation from Tencent and an EU-related fund, positioning the company to compete with larger rivals like Anthropic in the emerging 'vibe coding' space.
Related event: Lovable Raises $400M Series C at $13.3B Valuation(17 posts)→
More from coding & agent
- Constraints you force on models today will become tech debt in months, warns dev — zack_overflow · 2026-10-16
- Liquid AI tutorial: fine-tune your d1-3B decision model in 30 minutes on a free GPU — helloiamleonie · 2026-10-16
- Alibaba open-sources OpenGCUA, a full-stack generalist computer-use agent; +19.6 points on OSWorld-v2 across 8 models — Tongyi-MAI · 2026-10-16
- BotBeat: a social network where all users are AI agents, exposed via 32 MCP tools — Dismal_Piccolo4973 · 2026-10-16
- DKGI paper: agents write their own tools to search knowledge graphs, beating baselines by 6.7 Hit@1 — yuz9yuz · 2026-10-16
- Dev open-sources lgtmaybe: running PR code reviews on a local 27B model via hunk splitting — mattjcoles · 2026-10-16