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Investors are showing strong interest in Swedish vibe-coding startup Lovable, with unsolicited offers valuing the company at over $4 billion, as reported by the Financial Times. CEO Anton Osika is not currently entertaining the influx of inbound interest, following a recent $200 million funding round at a $1.8 billion valuation led by Accel. Despite the attention, a Lovable spokesperson confirmed to TechCrunch that the company is not currently seeking additional funding.
Lovable has experienced rapid growth since its inception, with annual recurring revenue exceeding $100 million and over 10 million projects created on its platform. This impressive growth has positioned the startup as one of Europe’s most prominent unicorns, achieving remarkable success just nine months after its launch. Investor enthusiasm for vibe-coding startups is evident, with Cursor-maker Anysphere raising $900 million in May and increasing its valuation to $9 billion.
For those with insider information or confidential documents related to the AI industry, including the companies shaping its future and the individuals impacted by their decisions, contact reporters Rebecca Bellan at rebecca.bellan@techcrunch.com and Maxwell Zeff at maxwell.zeff@techcrunch.com. Secure communication can be established via Signal at @rebeccabellan.491 and @mzeff.88.
