AI Coding App Lovable Raises $400M at $1.33B Valuation
joonasvirtanen · x · 2026-08-12
AI coding application Lovable announced a $400 million raise at a $1.33 billion valuation. The founder reflected on the project's journey, noting a childhood desire to build internet products hindered only by coding skills.
He suggested that while the traditional industry rule is to earn a seat at the table, current AI tools are breaking this barrier, empowering people with ideas and removing technical obstacles—which is the core problem Lovable aims to solve.
Related event: Lovable raises $400M Series C at $13.3B valuation(13 posts)→
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