Loveable completed $400 million in C-cycle finance, doubled the valuation to $13.3 billion

The AI software development start-up company Loveable announced the completion of $400 million in C-wheel finance, Menlo Ventures, and the joint Scaleup Europe Fund, managed by EQT. Post-financing corporate valuations amounted to $13.3 billion, double the $6.6 billion that was raised last December. The Lovable co-founder and CEO Anton Osika states that the company's annual recurrent income has nearly tripled since last December. Loveable disclosed in March this year that its annual recurrent income had reached $400 million, up from $300 million a month ago and $200 million at the end of 2025. Loveable helps users build the software through natural language tips. According to the company, more than 6 million projects have been created since November 2024. (Busins Insider)