Published: August 12, 2026 at 3:04 pm
Swedish unicorn Lovable has announced that it has raised $400m in Series C funding at a $13.3bn valuation.
The round was led by Menlo Ventures and co-led by the Scaleup Europe Fund, managed by EQT.
Menlo Ventures has backed some of the most consequential companies of the AI era, while EQT has chosen Lovable as one of the first investments from its Scaleup Europe Fund.
The company was founded in 2023 by CEO Anton Osika (pictured) and CTO Fabian Hedin and launched in 2024.