Lovable Hits $13.3B Valuation with $400M Series C for AI Coding
创业邦 · wechat · 2026-08-14
Swedish AI coding startup Lovable announced a $400 million Series C funding round, reaching a post-money valuation of $13.3 billion, with Tencent Investment as the sole Chinese tech giant participating. Founded just three years ago, the company focuses on "vibe coding" for non-technical users.
Core Data & Growth
- In less than two years since launch, ARR surged from $0 to nearly $600 million, outpacing OpenAI and Cursor.
- Generated over 60 million projects with 900 million monthly visits. First-month paid retention hit 85%.
- 80% of builders are non-technical, and over a third have already monetized, fueling a "builder economy."
Founders' Background
Co-founded by Anton Osika and 26-year-old prodigy Fabian Hedin. Based on the open-source GPTEngineer, Lovable aims to empower the 99% who cannot code.
Competitive Landscape
The Vibe Coding sector is experiencing a capital frenzy, projected to double to $4.7 billion in 2026. Lovable differentiates itself from developer-focused Cursor (rumored $50B valuation) and China's Alibaba Qoder and Tencent CodeBuddy, driving a paradigm shift in software production from "coding" to "expression."
Related event: Lovable Raises $400M Series C at $13.3B Valuation(17 posts)→
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