Lovable: Ki startup achieves unicorn status-according to media reports

Europe now has another unicorn: Lovable. According to media reports, the AI startup has completed a Series-A of $ 200 million.

The Swedish startup for “Vibe Coding”, Lovable, has completed Series A financing of $ 200 million-with an evaluation of $ 1.8 billion. Several media, including Sifted and Forbes, report.

This is not only the largest Series a round in Sweden ever, Lovable also achieves unicorn status with the round. The round of the Silicon Valley-VC Accel led. According to media reports,

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Lovable grows rapidly

Lovable is considered the fastest growing startup in Europe: the AI software enables programming, without programming knowledge.

Means: Instead of writing a line code, users describe their idea and what they want. They give the AI simple text prompts. In this way, entire web applications and apps can be created with lovable. Founders also rely on Lovable's AI tool to build their startups.

The founder has this with the money

Anton Osika founded Lovable at the end of 2023. In a Pre-Series-A round in February 2025, the startup collected 14.3 million euros. The round was cited by Creandum. The jump to the Series-A is very high with a view to the sum.

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With the money from the Series-A, Osika wants to increase its team for just 45, further expanding the product. In addition, it wants to work with companies such as Klarna, Hubspot and photoroom, as Forbes writes.

Lovable is already the second startup from Anton Osika. His first is Depict, which he founded together with Oliver Edholm 2020. Depict develops a AI-based solution for e-commerce dealers like Shopify or Centra. Other Swedish AI founders were also trained at Depict.

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