Vibe-Coding Platform Lovable Secures €281 Million In Series B To Expand Its AI-Native Software Globally

The round was led by CapitalG and Menlo Ventures’ Anthology fund, with additional support from NVentures (NVIDIA’s venture arm), Salesforce Ventures, Databricks Ventures, T.Capital (Deutsche Telekom), Atlassian Ventures, HubSpot Ventures, as well as Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, and returning investors Accel, Creandum, and Evantic.

“It started with individuals building tools. Now some of the world’s largest enterprises trust Lovable – and apps built with Lovable – with their data. Apps built with Lovable have gotten over half a billion visits combined in the last 6 months,” said founder Anton Osika in a public statement.

Founded in 2023 Lovable is revolutionizing software development with its innovative vibe-coding approach. In just one year, the platform has enabled the creation of over 25 million projects with more than 100,000 new projects launched daily.

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Co-founded by Anton Osika and Fabian Hedin, Lovable has quickly established itself as a standout in Europe’s emerging AI startup scene.

The platform’s rapid growth and widespread adoption, across both enterprise and individual use cases, highlight the growing demand for tools that empower non-technical users to rapidly build and iterate on digital products.

“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. We’re proud to lead this round and support Lovable’s vision of making software creation accessible to everyone,” said Laela Sturdy, Managing Partner at CapitalG.

Targeting the "age of the builder," Lovable seeks to empower users who have ideas but lack the technical skills to bring them to life. From marketers stuck in engineering queues to healthcare professionals developing tools for patient journeys, Lovable serves a broad range of professions and use cases.

The platform combines design, prototyping, and deployment tools, enabling users to transform concepts into production-ready applications quickly without needing traditional coding expertise.

The Series B round will fuel Lovable’s growth in three key areas: deeper integrations with platforms like Notion, Jira and Miro; enhanced collaboration and governance tools for enterprise teams and robust infrastructure to support the transition from prototype to full production.

Already offering built-in hosting, authentication, payments and database functionality, Lovable stands as a comprehensive no-code development environment.

Companies like Klarna, Deutsche Telekom, and Uber are using Lovable to shorten development cycles and quickly prototype ideas that once took weeks or months.

For example a professional services firm has streamlined its competitive bid process using the platform, while Deutsche Telekom has integrated Lovable into its product development workflow to align stakeholders more efficiently.

This funding round marks a significant milestone for Lovable and the broader European tech ecosystem, showcasing the emergence of scalable globally relevant software companies from the continent.

“Lovable is a beloved product for all the right reasons. They’ve done what was previously unimaginable by turning a latent market of tens of millions of people into web developers and content creators. We love category builders like our previous early investments in Uber and Anthropic companies that have the opportunity to be enormous. Lovable is showing exactly that trajectory,” noted Matt Murphy, Partner at Menlo Ventures.