According to CoinMeta, and as reported by Bloomberg, Swedish programming startup Lovable has completed a $400 million Series C financing round, with a valuation of $13.3 billion. This financing round was led by Menlo Ventures and Scaleup Europe Fund under the European Union, with participation from multiple institutions including Tencent. Lovable was founded in 2023 and provides AI tools that allow for the creation of websites and applications through natural language prompts. Its corporate clients include Adidas, Deutsche Telekom, and the Hertie Group.