Lovable raises a $400M Series C at a $13.3B valuation
The Stockholm AI coding company was backed in a round led by EQT and Menlo Ventures; it claims 900 million visits a month and 60 million projects created.
According to Crunchbase News' Aug. 14, 2026 roundup, Lovable raised a $400 million Series C led by EQT and Menlo Ventures, valuing the company at $13.3 billion. The Stockholm-based company says its platform gets 900 million visits each month and has hosted 60 million projects.
size of the Series C
company valuation
visits per month, per the company
projects created on the platform
The round landed in a week that Crunchbase News described as led by data, a new-style AI lab, AI infrastructure, defense and AI coding. Put differently, tools that build software from prompts are now grouped with infrastructure rather than treated as experiments.
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