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Report: ‘Vibe Coding’ Startup Lovable in Talks to Raise $100 Million

  • Lovable, a Swedish AI startup specializing in 'vibe coding' for software development, is in discussions to raise over $100 million at a valuation of at least $1.5 billion.
  • The company's talks with U.S. investors are in the early stages, and the funding terms are subject to change.
  • Lovable has seen significant investor interest, with CEO Anton Osika stating that the firm doesn't need cash and the current landscape is favorable.
  • Using 'vibe coding,' a more intuitive approach to writing code with natural language, Lovable has achieved an annual recurring revenue of $61 million after launching its first product six months ago.

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