Just eight months after launching, Stockholm-based Lovable has raised a record-breaking $200 million Series A round at a $1.8 billion valuation, led by Accel and backed by 20VC, byFounders, Creandum, Hummingbird, Visionaries Club, and several prominent angel investors. The London-based startup is building an AI platform that enables anyone—regardless of coding experience—to design, build, and deploy production-grade software using natural language. With less than 1% of the world able to code, Lovable aims to empower the other 99% by making software creation as simple as a conversation. The new capital will be used to accelerate product development, expand engineering and research teams, and support its rapid global growth.
Lovable is building an AI-native development platform that allows users to build fully functional, production-ready software by simply describing what they want in natural language. Designed to eliminate the technical barriers of traditional software engineering, Lovable’s mission is to empower the 99% of the global population who can’t code to turn their ideas into real, scalable products.
The company says the fresh capital will be used to grow its team of engineers and AI researchers, accelerate product development, and scale its infrastructure to meet soaring demand from both individuals and enterprises. Early traction has reportedly been strong, with users already using Lovable to launch internal tools, apps, and even customer-facing products—without writing a single line of code.
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Read the orginal article: https://arcticstartup.com/lovable-raises-200m-series-a/
