Lovable

Investor: Menlo Ventures

Swedish AI application development platform Lovable has secured $400 million in a Series C funding round led by Menlo Ventures, doubling the company's valuation to $13.3 billion.Summary of transaction details:Value: $400 millionSector: DeepTech & AIAdvisor: None disclosedKey Entities: Lovable, Menlo Ventures, Scale Europe Fund, Balderton Capital, TencentLocation: Stockholm, SwedenNote: Lovable plans to use the new funding to accelerate workforce expansion across product, security, and machine learning teams as it scales to cover full application lifecycle development for enterprise customers.

Investor: Menlo Ventures

Lovable has raised $400m in Series C funding at a $13.3bn valuation, led by Menlo Ventures. Summary of transaction details: Value: $400m Sector: Software & SaaS Advisor: None Key Entities: Lovable, Menlo Ventures, EQT Location: Sweden Note: This investment is a significant milestone for Lovable, as it continues to grow and expand its presence in the software creation market.