NO code platform LEALY EAT $ 150 million enhance and double unicorn standing

The Swedish startup is lovable in conversations to collect $ 150 million with $ 2 billion, which Finance times Reports.

The company based in Stockholm has created a generative AI platform with which non-technical users can create apps or websites based on simple text demands.

“I decided that we had to create for the 99% that do not create software,” said Anton Osika, co -founder of Lovable, to TNW in April.

Osika founded lovable on the side Fabian Hedin in 2023. Last week Osika said The company had generated $ 75 million for recurring income (ARR) within seven months after the start of the platform, which makes it one of the fastest growing startups in Europe.

By enabling non -technical founders to found successful companies without prior coding or software area, Osika believes that the company “unlock a new economy”.

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If the financing of Lovable closes as expected, this would be marked by Europe's largest financing rounds of 2025 So far, the latest signs of an investor appetite on AI have developed on the continent.

Helsing follows, which builds AI software for defense. Increase a high increase € 600 million in June and Deepmind spin-off ISOMORPHE Labors who use AI for the discovery of medicinal products and secure € 508 million in March. And if Report To believe that French Ki -Startup Mistral is planning a lush 1 billion euros for later this year.

Lovable's financing round will be by far the largest. The startup mentioned above Seed funding of € 6.8 million in October and a seed round of USD 16 million in February, according to Dealroom.

According to the Financial Times, the early Facebook investor Accel heads the latest round. Existing investors such as 20 VC and Creandum have also participated.

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