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Lovable valued at $6.6 billion in latest funding round as AI coding demand surges
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AI software development startup Lovable said on Thursday it raised $330 million in an early-stage funding round that values the Stockholm-based company at $6.6 billion.
Alphabet’s CapitalG and Menlo Ventures led the round, which nearly quadruples Lovable’s valuation in less than six months.
The deal also drew investment from Nvidia’s venture capital arm among others, underscoring investor demand for agentic AI tools that can handle complex software development work with minimal human input, as enterprises and hobbyists increasingly adopt AI-assisted…
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