EQT co-leads Lovable’s $400 million Series C at $13.3 billion valuation
Reuters2026/08/12 10:18- EQT Ventures’ Scaleup Europe Fund co-led Lovable’s USD 400 million Series C with Menlo Ventures at a USD 13.3 billion valuation.
- Lovable builds production-grade applications from plain-language prompts, positioning it as an AI-driven no-code software creation platform.
- EQT first backed Lovable in its Series B in December 2025, increasing its commitment in the latest round.
- Lovable reported more than 60 million projects built in under two years, supporting a push into payments, integrations, security, governance.
- Company is anchored in Stockholm while expanding hubs in London, Boston, San Francisco, New York to support global growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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