# Lovable Confirms New $13.3B Valuation, Raises Another $400M

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-08-12T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [TechCrunch AI](https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m)  
> **Canonical Citation:** [https://spidits.com/timeline/lovable-confirms-new-13-3b-valuation-raises-another-400m](https://spidits.com/timeline/lovable-confirms-new-13-3b-valuation-raises-another-400m)

## Executive Summary
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.

## Why It Matters (Strategic Analysis)
Lovable's significant funding and valuation increase demonstrate its rapid growth and expanding back-end needs, solidifying its position in the market. The company's ability to attract large investments and partnerships, such as the multiyear deal with Google Cloud, showcases its increasing influence in the tech industry.

## Key Entities & Companies
- **Lovable**

## Referenced Coverage & Sources
- **[TechCrunch AI](https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m)**: Lovable confirms new $13.3B valuation, raises another $400M — _This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch._
- **[SiliconANGLE](https://siliconangle.com/2026/08/12/vibe-coding-startup-lovable-doubles-valuation-13-3b-400m-raise)**: Vibe coding startup Lovable doubles valuation to $13.3B with $400M raise — _Lovable Labs Inc. said today it has raised $400 million in Series C funding at a $13.3 billion valuation. The Swedish artificial intelligence coding startup was worth $6.6 billion in December. The company sells a vibe coding service. Users describe what they want in plain language and the..._

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