Modelence, a Y Combinator-backed startup, raised $3 million to streamline AI app development by simplifying hosting, authentication, and database integration for developers.
Swedish vibe coding startup Lovable raised $330 million in Series B funding at a $6.6 billion valuation, reflecting rapid growth driven by AI-powered app development.
Empromptu raised $2M to let nontechnical business users create production-ready AI apps, combining agentic automation with governance and integration for regulated and complex industries.
Swedish AI coding unicorn Lovable has doubled its annual recurring revenue to $200 million in four months, leveraging Europe-based operations and its open-source community.