MoneyThe story, in brief
Lovable reportedly in talks to double its valuation to $13.2B
$13.2B. That's Lovable's reported new valuation as the AI coding platform doubles down on Series funding.
The KeyNews take
Why it matters
Lovable, a breakout AI-native coding/app-building platform, is raising at a 2x valuation in a competitive round led by Menlo Ventures. This signals continued investor appetite for developer-facing AI tools despite macro headwinds and reflects the shift from model competition to application-layer defensibility.
The key facts
4 to knowLovable raising $300M Series round
Reported new valuation: $13.2B (doubled from prior)
Lead investor: Menlo Ventures
Category: AI-native developer/coding tools
Go to the source
TechCrunch AItechcrunch.com
Publisher excerpt: The $300 million round is expected to be led by Menlo Ventures, Sifted reported.