Loveable completes the $400 million C round, valued at $13.3 billion

According to Bloomberg, Loveable, Sweden ' s AI programming start-up company, completed a $400 million C round of financing, valued at $13.3 billion. The current round of financing was led by Menlo Ventures and the European Union-flagged Scaleup Europe Fund, with the participation of a number of institutions, including telecommunication. Lovable was established in 2023 to provide an AI tool for the construction and application of websites in natural languages, including Adidas, Telecommunications Germany and the Herst Group。