""I decided what we needed to do is build for the 99% who do not create software," Anton Osika stated. Lovable's platform empowers non-technical users to create applications."
"Lovable has generated $75mn in annual recurring revenue (ARR) within seven months of launching, positioning it as one of Europe's fastest-growing startups."
"If Lovable's $150mn funding round closes, it will mark one of Europe's largest funding rounds in 2025, reflecting strong investor interest in AI."
"Anton Osika believes the platform is "unlocking a new economy" by enabling non-technical founders to build businesses without needing coding experience."
Lovable, a Swedish startup, is raising $150mn at a valuation close to $2bn, focusing on a generative AI platform for non-technical users. Founded in 2023 by Anton Osika and Fabian Hedin, it has generated $75mn in annual recurring revenue within seven months. The platform enables users without coding experience to create apps and websites through simple text prompts, which Osika believes is cultivating a new economy. If successful, the funding round will be one of the largest in Europe for 2025, highlighting investor interest in the AI sector.
Read at TNW | Ecosystems
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