Dossier
EQT-managed Scaleup Europe Fund
Coverage of EQT-managed Scaleup Europe Fund in the Nexus archive.
- Lovable doubles its valuation to $13.3 billion as investors place another big bet on AI coding
Lovable raised $400 million in a new funding round, doubling its valuation to $13.3 billion as investors bet on AI coding technology. The startup reported achieving $400 million in annual recurring revenue (ARR) in March. Since launching in November 2024, the platform has helped build over 60 million projects.