Swedish vibe-coding startup Lovable is in advanced talks to raise $300 million at a $13.2 billion post-money valuation, according to people familiar with the matter. The round would represent a dramatic step-up for the company, which enables users to build software applications through natural language prompts rather than traditional code.

Details on participating investors and exact timing remain scarce. Lovable's platform sits at the intersection of generative AI and low-code development, a category that has drawn intense venture interest since the launch of ChatGPT. Competitors in the AI-assisted coding space — including Cursor, Replit, and GitHub Copilot — have commanded significant valuations, but Lovable's reported $13.2 billion price tag would place it among the highest-valued private companies in the segment.

The $300 million infusion would give Lovable substantial runway to scale its infrastructure and expand its enterprise offerings. For investors, the deal signals continued conviction that natural-language programming will reshape software development workflows, though the valuation implies expectations of rapid revenue acceleration from a still-nascent commercial product.