{"id":8668,"date":"2025-07-20T07:00:27","date_gmt":"2025-07-20T04:00:27","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2025\/07\/20\/lovable-a-swedish-ai-vibe-coding-startup-becomes-unicorn-with-200m-series-a\/"},"modified":"2025-07-20T07:00:27","modified_gmt":"2025-07-20T04:00:27","slug":"lovable-a-swedish-ai-vibe-coding-startup-becomes-unicorn-with-200m-series-a","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2025\/07\/20\/lovable-a-swedish-ai-vibe-coding-startup-becomes-unicorn-with-200m-series-a\/","title":{"rendered":"Lovable, A Swedish AI Vibe Coding Startup, Becomes Unicorn With $200M Series A"},"content":{"rendered":"

Swedish AI vibe coding startup Lovable<\/a> has raised $200 million in a Series A round of funding at a $1.8 billion valuation, making it Europe\u2019s newest unicorn, according to TechCrunch<\/a>.<\/p>\n

The raise, led by Accel<\/a>, comes just eight months after the startup\u2019s launch.<\/p>\n

Founded in 2023, Lovable has to date raised about $224 million in funding. Existing backers 20VC<\/a>, byFounders<\/a>, Creandum<\/a>, Hummingbird Ventures<\/a> and Visionaries Club<\/a> also participated in its latest financing.<\/p>\n

In December 2024, CEO and co-founder Anton Osika<\/a> posted on X<\/a> that the company was \u201cthe fastest growing startup in Europe ever,\u201d having reached $4 million in ARR in four weeks.<\/p>\n

In February, the startup raised $15 million in a round<\/a> led by Creandum. At that time, the company said it had reached $17 million in annual recurring revenue and had over 30,000 paying customers.<\/p>\n

\u201cLovable isn\u2019t just about writing code \u2014 it\u2019s about making software creation accessible to everyone,\u201d it said at the time.<\/p>\n

Vibe coding is a hot space, pulling in massive rounds of funding globally. In June, San Francisco-based Anysphere<\/a>, which sells the popular AI coding assistant Cursor, confirmed it raised a $900 million round<\/a> at a staggering $9.9 billion valuation. Accel also participated in that round. Lovable appears to be focused more on the nontechnical user while Anysphere is targeting the enterprise.<\/p>\n

Europe funding boost<\/h2>\n

The raise is a good start to the third quarter for Europe. Overall, funding to startups in the region settled in Q2<\/a>, coming in flat quarter over quarter, but down 24% from the peak second quarter in 2024, Crunchbase data shows.<\/p>\n

A total of $12.6 billion was raised by around 1,200 startups across Europe last quarter, with funding amounts comparable with the previous two quarters.<\/p>\n

And for the first time since 2012, Germany-based startups jumped ahead of the United Kingdom by amounts invested in a quarter.<\/p>\n

Related Crunchbase query:<\/h2>\n