LOVABLE EYES $12B VALUATION IN FUNDING ROUND

AI DESK■ 1 MIN READ

SUN, JUN 7, 2026

■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE

AI coding startup Lovable is raising funds at a $12 billion valuation, nearly doubling its $6.6 billion valuation from December 2025. The less than two-year-old company crossed $400 million in annual recurring revenue this year.

Lovable, an AI-powered code generation platform, is in talks to secure new funding at the elevated valuation, according to sources cited by Forbes. The round would represent significant growth for the startup in less than two years of operation. The company's rapid ascent reflects strong demand for AI-assisted development tools. Lovable's $400 million ARR milestone demonstrates substantial market traction and customer adoption. The valuation jump from $6.6 billion to $12 billion in roughly six months underscores investor enthusiasm for the AI coding assistant space, which has seen intensifying competition from established players and well-funded startups. Details on the round's size, lead investor, and timeline remain unclear.

■ SOURCES

► Techmeme ► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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LOVABLE EYES $12B VALUATION IN FUNDING ROUND

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