Lovable, a Stockholm-based artificial intelligence startup specializing in "vibe coding," has become Europe's newest unicorn after raising $200 million in a Series A funding round led by Accel. The round valued the company at $1.8 billion, marking the largest Series A investment in Stockholm's history. Founded by Anton Osika and Fabian Hedin, Lovable's platform enables millions of non-coders to build apps, websites, and online ventures using simple language prompts. Since its launch eight months ago, the startup has rapidly grown, surpassing $100 million in annualized revenue, positioning it as one of the fastest-growing software companies globally. The funding and growth come amid increasing competition in the AI-assisted code writing sector.
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