Lovable raises $400M in fresh funding, valuation soars to $13.3B

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AI startup Lovable has secured an additional $400 million in funding, pushing its valuation to $13.3 billion. The company disclosed the new raise to TechCrunch alongside confirmation of its updated valuation. The fresh capital injection follows a strong revenue milestone the startup achieved in June. Lovable reported hitting $500 million in annualized run rate revenue as of that month, signaling rapid commercial growth.

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