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EU fund invests $400m in Lovable at $13.3bn valuation

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 shareholder
Lovable raised $400m at a $13.3bn valuation, co-led by Menlo Ventures and the EU's Scaleup Europe Fund. Revenue is nearing $600m.
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