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# EU fund invests $400m in Lovable at $13.3bn valuation
- URL: https://www.nupath.eu/eu-fund-invests-400m-in-lovable-at-13-3bn-valuation/
- Published: 2026-08-18T04:47:44.000Z
- Updated: 2026-08-18T04:47:44.000Z
- Author: Christian Triantafillou Schade
- Tags: News, #source_thenextweb.com, #editor-pick

The EU's Scaleup Europe Fund co-led a $400m Series C round in Lovable, valuing the AI company at $13.3bn. Revenue reached $600m, according to the report. The investment underscores the EU's strategic push to back high-growth European tech firms. **(THENEXTWEB)**

[‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholderLovable raised $400m at a $13.3bn valuation, co-led by Menlo Ventures and the EU's Scaleup Europe Fund. Revenue is nearing $600m.![](https://www.google.com/s2/favicons?domain=https://thenextweb.com/news/lovable-400m-series-c-13-3bn-scaleup-europe-fund?fbclid=IwdGRleATwJlZwZG9mBWZkaWQWUMrbCMaKvF62-lRlfakl93jW1VFp2GV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR76UJZdDpxDtR7_fVcNJDU-Dy8QEmjZ_p748NsVyl0XVTZHGR9MXpL-8mI4nA_aem_LSIObw83NtLFPYWi8cGKIQ&sz=64)thenextweb.com![](https://storage.ghost.io/c/6c/f3/6cf31287-c34a-403a-bb6b-49385b3636e9/content/images/2026/07/np-star.png)](https://thenextweb.com/news/lovable-400m-series-c-13-3bn-scaleup-europe-fund?fbclid=IwdGRleATwJlZwZG9mBWZkaWQWUMrbCMaKvF62-lRlfakl93jW1VFp2GV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR76UJZdDpxDtR7%5FfVcNJDU-Dy8QEmjZ%5Fp748NsVyl0XVTZHGR9MXpL-8mI4nA%5Faem%5FLSIObw83NtLFPYWi8cGKIQ&ref=nupath.eu)