Swedish “vibe coding” start-up Lovable is fielding inbound investment offers valuing the company at more than $4bn, more than double the price at which it raised funding just weeks ago.
The artificial intelligence start-up, which promises to make programming an app as easy as writing a few sentences, has seen a flurry of inbound interest from investors after announcing a $200mn funding round last month, according to people familiar with the matter.
Lovable was valued at $1.8bn in a deal led by venture capital group Accel in mid-July, cementing its position as one of Europe’s hottest AI companies. That round came on the heels of a $15mn investment led by Creandum in February.
People with knowledge of the new investment approaches said Lovable chief executive Anton Osika was not currently engaging with investors on the latest proposals, but that he was weighing fundraising options for the coming months.