"Investors are clambering to get onto Swedish vibe-coding startup Lovable's cap table, making unsolicited offers of investment that value the company at more than $4 billion, reports Financial Times. Lovable CEO Anton Osika isn't currently engaging with the flurry of inbound, the Times says, which comes a few weeks after the startup announced a $200 million round at a $1.8 billion valuation in a deal led by Accel."
"A Lovable spokesperson told the outlet the company isn't fundraising now. TechCrunch has reached out for further comment. Lovable has grown quickly over its short lifespan. In July, the startup said its annual recurring revenues had surpassed $100 million with more than 10 million projects built using the platform. The astounding trajectory of Europe's hottest unicorn comes just nine months after Lovable launched, and comes on the heels of investor interest in vibe-coding startups."
Lovable, a Swedish vibe-coding startup, is attracting unsolicited investment offers implying a valuation above $4 billion. CEO Anton Osika is not engaging with inbound interest and the company says it is not fundraising now. A $200 million financing led by Accel previously valued the company at $1.8 billion. Lovable reported annual recurring revenue above $100 million and more than 10 million projects built on its platform. The company reached a unicorn trajectory within nine months of launch. Investor enthusiasm follows broader interest in vibe-coding startups, exemplified by Anysphere's $900 million raise and $9 billion valuation.
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