From the Spotify Mafia to the Lovable Mafia: inside Stockholm’s founder network
First reported · 59d ago · 1 source
Crest summary — written by AI from the 1 source below; every figure is checked against them · model deepseek-chat
Summary
Lovable, a Stockholm-based vibe-coding company, raised $400 million at a $13.3 billion valuation, according to TechCrunch Venture.
Key facts
- Lovable raised $400 million.
- The round valued Lovable at $13.3 billion.
- Lovable is described as a vibe-coding company.
- The company is based in Stockholm.
Why it matters
The raise signals continued investor appetite for AI-assisted coding tools, giving builders another well-funded platform to evaluate and buyers a vendor with fresh capital behind it.
Companies
Original sources (1)
The report this event was built from. Crest of Tech keeps no article bodies: the full text is at each source.
- TechCrunch VenturePublication · PrimaryFrom the Spotify Mafia to the Lovable Mafia: inside Stockholm’s founder network · By Theresa Loconsolo, Dominic-Madori DavisRead at TechCrunch Venture