The venture capital arms of Alphabet (GOOG) (GOOGL) and Nvidia have participated in a $330M Series B funding round of Lovable that has valued the Swedish vibe coding startup at $6.6B.
The funding was led by Google’s CapitalG and Menlo Ventures’ Anthology fund. Lovable said additional investors in this round include the venture arms of companies including, Nvidia’s NVentures, Salesforce Ventures (CRM), Databricks Ventures, T.Capital (Deutsche Telekom), Atlassian Ventures (TEAM), and HubSpot Ventures (HUBS).
These investors were joined by Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, and returning investors Accel, Creandum, and Evantic, among others, according to the company.
Lovable’s platform uses AI models from other providers to help users build apps and websites using text prompts, without technical knowledge of coding.
“Lovable has done something rare: built a product that enterprises and founders both love. The demand we’re seeing from Fortune 500 companies signals a fundamental shift in how software gets built,” said Laela Sturdy, Managing Partner at CapitalG.
The company reported $200M in annual recurring revenue, or ARR, in November, almost under a year after achieving $1M in ARR for the first time, CNBC reported.
The new funding takes Lovable’s total raised amount in 2025 to over $500M and sees the company more than triple its valuation from its last round in July, the report added.
Lovable did not immediately respond to a request for comment from Seeking Alpha about its total funding and reported ARR.