附近上门

Swedish AI vibe coding startup has raised $200 million in a Series A round of funding at a $1.8 billion valuation, making it Europe鈥檚 newest unicorn, according to .

The raise, led by , comes just eight months after the startup鈥檚 launch.

Founded in 2023, Lovable has to date raised about $224 million in funding. Existing backers , , , and also participated in its latest financing.

In December 2024, CEO and co-founder that the company was 鈥渢he fastest growing startup in Europe ever,鈥� having reached $4 million in ARR in four weeks.

In February, the startup 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.

鈥淟ovable isn鈥檛 just about writing code 鈥� it鈥檚 about making software creation accessible to everyone,鈥� it said at the time.

Vibe coding is a hot space, pulling in massive rounds of funding globally. In June, San Francisco-based , which sells the popular AI coding assistant Cursor, confirmed it raised a $900 million round 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.

Europe funding boost

The raise is a good start to the third quarter for Europe. Overall, funding to startups in the region settled in Q2, coming in flat quarter over quarter, but down 24% from the peak second quarter in 2024, 附近上门 data shows.

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.

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

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