Investors are loving Lovable

The Swedish vibe-coding startup Lovable is experiencing a surge of investor interest, with unsolicited offers valuing the company at over $4 billion, according to Financial Times. CEO Anton Osika has chosen not to engage with these investment proposals, which have emerged just weeks after Lovable secured $200 million in funding at a valuation of $1.8 billion, led by Accel. A spokesperson for Lovable confirmed that the company is not currently seeking additional funding. The rapid growth of Lovable is noteworthy; just in July, the startup announced that its annual recurring revenues had exceeded $100 million, with over 10 million projects being developed on its platform. This remarkable ascent marks only nine months since Lovable's inception and reflects a broader trend of heightened investor interest in vibe-coding startups, exemplified by Cursor-maker Anysphere's recent $900 million funding round that saw its valuation soar to $9 billion.