Lovable raises $400 million for vibe coding

Lovable raised $400 million in Series C funding on Wednesday, August 12, a deal that underscores how “vibe coding” is moving beyond hobbyist experiments and into enterprise software development, according to PCWorld.

The Sweden-based company describes Lovable as an AI development platform with enterprise infrastructure around the prompt-driven coding model. Users can create software projects through natural-language instructions, while the platform supplies the scaffolding needed to turn those projects into working websites and applications.

One of the new investors is Regent, the private-equity firm that owns Foundry News, whose portfolio includes PCWorld, Macworld, and TechCrunch. That connection gives the funding announcement a notable media-industry angle, but the larger signal is Lovable’s reported scale.

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Lovable says its users have created more than 60 million projects, and that websites built on the platform receive more than 900 million monthly visits. The company also says four out of five users work in non-technical roles—a statistic that positions the service as a way for businesses to build software without relying exclusively on professional developers.

The funding does not come with a disclosed valuation or details about how Lovable will spend the money. Still, the user mix and traffic figures suggest that AI-assisted software creation is already being used to support operational businesses, not only individual experiments.