Lovable, a Swedish AI coding coding startup, becomes a unicorn with a series A USD 200 million

Swedish AI coding coding startup Sympathetic He collected $ 200 million in the series A Funding round of $ 1.8 billion, which makes him the latest unicorn in Europe, based on TechCrunch.

A raise, led by AccelIt is just eight months after starting the startup.

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Established in 2023, Loveble has collected about $ 224 million. Existing supporters 20VCIN BusinessIN CreateIN Hummingbird ventures AND Visionary club He also participated in recent financing.

In December 2024, CEO and co -founder Anton Osika Posted to X The incontrovertible fact that the company was “the fastest growing startup in Europe”, reaching $ 4 million in ARR in 4 weeks.

Startup in February collected $ 15 million in the round run by Creandum. At that point, the company said that it achieved $ 17 million annual repetitive revenues and had over $ 30,000 paying customers.

“Lovable is not only writing a code – the point is that the creation of software is available to everyone,” he said.

Atmospheric coding is a hot space that pulls huge funds around the world. In June, based in San Francisco Anyonewho sells a popular AI coding assistant, confirmed that he had collected a round of $ 900 million for a stunning valuation value $ 9.9 billion. ACCEL also participated in this round. Hisble appears to be more focused on a non -ontechnical user, while Kanysphere is headed to the company.

European financing increase

The increase is a good starting of the third quarter for Europe. In general, financing of startups in the region settled in the first quarter, arriving in a flat quarter over a quarter, but fell by 24% in comparison with the second quarter in 2024, based on Crunchbase.

About 1,200 startups in Europe were collected in total $ 12.6 billion in the last quarter, and financing is comparable to the previous two quarters.

And for the first time since 2012, Germany began starting from Great Britain for amounts invested in a quarter of an hour.

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