Swedish AI start-up Lovable has acquired funding proposals that worth the corporate at greater than $4bn, in accordance with a Monetary Occasions report.
The corporate, which permits customers to create net and cellular functions with out coding, has attracted important curiosity following its $200m funding spherical final month.
Beforehand, Lovable had secured a valuation of $1.8bn in a funding spherical led by Accel in mid-July 2025, marking its place as a number one AI firm in Europe.
Regardless of the present funding affords, Lovable CEO Anton Osika shouldn’t be participating with buyers right now however is contemplating future fundraising alternatives, FT added, citing sources aware of the event.
A spokesperson for Lovable additionally confirmed to the publication that the corporate “shouldn’t be fundraising now”.
Lovable was established in Stockholm in 2023. It’s amongst a brand new wave of European AI start-ups specializing in business-oriented functions and providers.
The corporate launched AI coding product late final 12 months.
Lovable’s notable angel buyers embrace Nik Storonsky and Sebastian Siemiatkowski, leaders of fintech companies Revolut and Klarna, together with Stewart Butterfield, co-founder of Slack. Earlier buyers in Lovable embrace 20VC, byFounders, Hummingbird, and Visionaries Membership.
The AI startup counts Klarna, HubSpot, and Photoroom amongst others as its enterprise purchasers.
In July 2025, Lovable reported that its annual recurring revenues had exceeded $100m, simply eight months after reaching $1m. The AI agency additionally claimed that greater than ten million initiatives have been developed on its platform.
The latest funding affords spotlight the rising reputation of AI coding instruments. In Might, Anysphere, a US-based agency acknowledged for its Cursor coding assistant, secured $900m in funding, boosting its valuation to $9bn.
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