Buzzy AI startup Lovable has received funding offers valuing the company at $4bn, according to reports.
The vibe coding company was crowned Europe’s newest unicorn when it raised $200m last month at a $1.8bn valuation. Since then, eager investors have offered to more than double Lovable’s price tag, the Financial Times reported on Thursday.
One of Europe’s hottest AI startups, Lovable develops AI agents to enable users to create apps and websites without needing to learn how to code. It’s currently backed by VCs including Accel, 20VC, ByFounders, Creandum, Hummingbird and Visionaries Club, and angels like Revolut’s Nik Storonsky and Klarna’s Sebastian Siemiatkowski.
Speaking to Sifted, founder Anton Osika said that while investors had made “many attempts” to invest in Lovable, the company was not actively seeking investment again just yet.
“For us it’s about hitting more certain business milestones and having a lot of clarity on why does it make sense to dilute our stock for what we can do with further capital,” he said.
“There's been a lot of fear missing out in investing in Lovable and we try to just focus on building the business and as little time as possible on raising capital, which is just one tiny part of making the business successful,” Osika added.
A Lovable spokesperson told the Financial Times the startup was “not fundraising now”. Sifted approached Lovable for further comment.
