Lovable has been valued at 37 billion Swedish kronor and reported annual revenues of 1.9 billion kronor, making it Sweden’s most highly valued private tech company after a Series B announced in a blog post raised $330 million and expanded its investor base.The round was led by
CapitalG and
Menlo Ventures’ Anthology fund and included
NVIDIA’s
NVentures,
Alphabet,
EQT,
Creandum,
Accel and others;
Laela Sturdy of
CapitalG said the product bridges enterprise and founder needs and
Matt Murphy of Menlo compared
Lovable’s category potential to early investments in Uber and Anthropic.
Published: 22h