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According to Bloomberg, Swedish AI programming startup Lovable has raised $400 million in Series C funding, with a valuation of $13.3 billion. This round of financing is led by Menlo Ventures and Scaleup Europe Fund, a subsidiary of the European Union, with participation from multiple institutions such as Tencent. Lovable was founded in 2023 and provides AI tools for building websites and applications through natural language prompts. Its enterprise clients include Adidas, Deutsche Telekom, and Hirst Group.