Lovable is turning away investors despite a $4 billion valuation buzz. Swedish vibe-coding startup is flooded with unsolicited investment offers, reports the Financial Times. These offers come just weeks after Lovable’s $200 million funding round at a $1.8 billion valuation led by Accel.
CEO Anton Osika isn’t engaging with the flood of inbound interest. A company spokesperson confirmed: Lovable isn’t raising funds right now. TechCrunch has reached out for more details.
The startup is growing at breakneck speed. In July, Lovable announced annual recurring revenue over $100 million and more than 10 million projects built on its platform. The rise has been swift — just nine months after launch.
This surge follows a wave of hype around vibe-coding firms. Cursor-maker Anysphere pulled in $900 million in May, tripling its valuation to $9 billion.
Visit Lovable to see the platform that’s drawing all the attention.