Africa's Markets, Startups & Money Moves — Updated Daily

Swedish Vibe-Coding Startup Lovable in Talks to Raise $300 Million

Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion — exactly double the $6.6 billion valuation the company achieved last December

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AI-Powered Marketing Platform Nectar Social Raises $30 Million Series A

AI-powered marketing platform Nectar Social announced Thursday that it raised a $30 million Series A round led by Menlo Ventures and its Anthology Fund, which was created alongside Anthropic.

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Accel is Leading Sapiom’s $15 Million Seed Round

Accel is leading Sapiom’s $15 million seed round, with participation from Okta Ventures, Gradient Ventures, Array Ventures, Menlo Ventures, Anthropic, and Coinbase Ventures.

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