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Swedish Lovable hits decacorn status with $400 million funding round

ArcticStartup reports that Stockholm-based AI software company Lovable has raised $400 million in a Series C round at a $13.3 billion valuation. The round was led by Menlo Ventures and co-led by EQT’s Scaleup Europe Fund, with participation from Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, World Innovation Lab, and Regent. Existing investors including Accel, Antler, CapitalG, [...]. The round a

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Why this matters

That matters because fresh capital changes a startup's capacity to hire, develop its product, win customers and expand into new markets. For now the signal is anchored to a single published source, so the next question is whether founders, investors, customers, or ecosystem partners begin responding in ways that confirm its wider relevance.

What to watch

Watch how the company converts the new capital into hiring, production capacity, market launches or customer growth—and which milestones it discloses next.

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2 references

The facts above are grounded in the original reporting linked here. Open the publisher story for its complete context.

ArcticStartup Open source

Swedish Lovable hits decacorn status with $400 million funding round

The available publisher preview does not add detail beyond this brief. Open the original report for its full context.

ShifterORIGINAL source · English rendering Open source

Swedish Lovable hits decacorn status with $400 million funding round

The available publisher preview does not add detail beyond this brief. Open the original report for its full context.

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Later coverage 1

  1. Company history · background

    Lovable founders reportedly sell personal shares

    These reports cover separate developments involving the same company or organisation, not a confirmed update to the same event.

    Shifter
    Why linked? View evidence
    Lovable founders reportedly sell personal sharesRecorded source excerpt · original wording
    Breakit reports that Lovable founders Anton Osika and Fabian Hedin each sold personal shares worth around SEK 100 million during the Swedish AI company's latest funding round.
    Shifter ↗
    Lovable founders reportedly sell personal sharesRecorded source excerpt · original wording
    Lovable-gründerne Anton Osika og Fabian Hedin skal ha solgt aksjer for rundt 100 millioner svenske kroner hver etter kapitalrunden som verdsatte AI-selskapet til 13,3 milliarder dollar.
    Shifter ↗
    Swedish Lovable hits decacorn status with $400 million funding roundRecorded source excerpt · original wording
    Stockholm-based AI software company Lovable has raised $400 million in a Series C round at a $13.3 billion valuation. The round was led by Menlo Ventures and co-led by EQT’s Scaleup Europe Fund, with participation from Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, World Innovation Lab, and Regent. Existing investors including Accel, Antler, CapitalG, [...]
    ArcticStartup ↗
    Swedish Lovable hits decacorn status with $400 million funding roundRecorded source excerpt · original wording
    Stockholm-based AI software company Lovable has raised $400 million in a Series C round at a $13.3 billion valuation. The round was led by Menlo Ventures and co-led by EQT’s Scaleup Europe Fund, with participation from Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, World Innovation Lab, and Rege...
    ArcticStartup ↗
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