Sources: 
Swedish artificial intelligence startup Lovable is in early-stage discussions to secure a $100 million funding round that could value the company at $1.5 billion or more, positioning it as one of Europe’s most significant AI newcomers.
The startup specializes in streamlining software development through AI, attracting interest from U.S. investors eager to back its growth.
“The talks are early and the terms could change,” sources close to the matter said, emphasizing the private nature of the negotiations.
If successful, this funding round would mark a major milestone for Lovable, potentially elevating its valuation beyond the $1.5 billion mark and underscoring the growing appetite for AI innovation in Europe.
The company’s ability to attract substantial investment highlights the increasing global focus on AI startups that enhance software development efficiency.
“Lovable, an AI startup that streamlines software development, is in talks for a large funding round that would make it one of Europe’s biggest artificial intelligence newcomers,” according to insiders.
While the final terms remain uncertain, the potential deal signals strong investor confidence in Lovable’s technology and market potential.
This funding round could significantly boost Lovable’s resources to accelerate product development and expand its market reach in the competitive AI landscape.
Sources: Swedish AI startup Lovable is negotiating a $100 million funding round that could value the company at $1.5 billion or more, potentially making it one of Europe’s largest AI newcomers. Discussions with U.S. investors are ongoing, though terms remain preliminary and subject to change.
