Lovable Raising $150M at $2B Valuation as Vibe Coding Startup Hits $50M ARR

Summary

Lovable, a European AI startup specializing in vibe coding — generating full web applications from text prompts — is raising over $150 million at a near $2 billion valuation, according to the Financial Times as reported by TechCrunch. The company launched its vibe coding product in late November 2024 and reached $50 million in annual recurring revenue within six months, according to CEO Anton Osika. Lovable competes with Replit and Bolt in the prompt-to-app space, building complete web applicat