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Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion \u2014 exactly double the$6.6 billion<\/a> valuation the company achieved last December, Sifted reported<\/a>. Menlo Ventures, a firm that announced its latest $3 billion fund<\/a> last month, is expected to lead the round, according to the report.<\/p>\n The less-than-three-year-old startup hit $500 million<\/a> in annualized revenue run rate in June.<\/p>\n Lovable\u2019s users include founders, individual designers, and salespeople building websites and e-commerce storefronts. The company also sells its vibe-coding tool to large enterprises, including Workday, Asana, and Nvidia.<\/p>\n Vibe coding, which allows users to build software simply by describing it, is by far the most popular and lucrative use case for AI. Other high-profile vibe-coding startups include Replit, valued at $9 billion<\/a> in March, and Factory, a startup that helps enterprises develop AI agents, which raised $150 million<\/a> at a $1.5 billion valuation in April. Meanwhile, Cursor, which offers vibe coding for developers, was acquired by SpaceX for $60 billion<\/a> last month.<\/p>\n<\/div>\n