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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. Cursor-maker Anysphere raised $900 million in May, more than tripling its valuation to $9 billion.
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