Lovable, a Swedish AI startup that enables non-programmers to build apps and websites, is in early-stage discussions to raise at least $100 million at a $1.5 billion valuation. The funding round would position the company as one of Europe’s largest AI newcomers, reflecting growing investor appetite for AI tools that democratize software development.
What you should know: The startup has been holding talks with US investors for a significant funding round that could value the company at $1.5 billion or higher.
- The discussions are still in early stages and terms could change, according to people familiar with the matter who requested anonymity.
- If completed, the funding would represent at least $100 million in new capital for the Swedish company.
How it works: Lovable’s technology focuses on making software development accessible to people without programming expertise.
- The platform allows users with no coding knowledge to create applications and websites through what the company calls “vibe coding.”
- This approach represents part of a broader trend toward no-code and low-code development platforms that aim to democratize software creation.
In plain English: Instead of learning complex programming languages like Python or JavaScript, users can describe what they want their app or website to do in everyday language, and Lovable’s AI translates those instructions into working software—similar to how you might ask a skilled carpenter to build something by describing your vision rather than drawing detailed blueprints yourself.
The big picture: The potential valuation reflects strong investor interest in AI startups that can streamline complex technical processes.
- European AI companies have been attracting significant venture capital attention as investors seek alternatives to US-based AI leaders.
- The funding discussions highlight how AI-powered development tools are becoming increasingly valuable as businesses seek to accelerate digital transformation without extensive technical resources.
Why this matters: A successful funding round at this valuation would establish Lovable as a major player in the European AI ecosystem and validate the market potential for AI-assisted development tools that lower barriers to software creation.
Recent Stories
DOE fusion roadmap targets 2030s commercial deployment as AI drives $9B investment
The Department of Energy has released a new roadmap targeting commercial-scale fusion power deployment by the mid-2030s, though the plan lacks specific funding commitments and relies on scientific breakthroughs that have eluded researchers for decades. The strategy emphasizes public-private partnerships and positions AI as both a research tool and motivation for developing fusion energy to meet data centers' growing electricity demands. The big picture: The DOE's roadmap aims to "deliver the public infrastructure that supports the fusion private sector scale up in the 2030s," but acknowledges it cannot commit to specific funding levels and remains subject to Congressional appropriations. Why...
Oct 17, 2025Tying it all together: Credo’s purple cables power the $4B AI data center boom
Credo, a Silicon Valley semiconductor company specializing in data center cables and chips, has seen its stock price more than double this year to $143.61, following a 245% surge in 2024. The company's signature purple cables, which cost between $300-$500 each, have become essential infrastructure for AI data centers, positioning Credo to capitalize on the trillion-dollar AI infrastructure expansion as hyperscalers like Amazon, Microsoft, and Elon Musk's xAI rapidly build out massive computing facilities. What you should know: Credo's active electrical cables (AECs) are becoming indispensable for connecting the massive GPU clusters required for AI training and inference. The company...
Oct 17, 2025Vatican launches Latin American AI network for human development
The Vatican hosted a two-day conference bringing together 50 global experts to explore how artificial intelligence can advance peace, social justice, and human development. The event launched the Latin American AI Network for Integral Human Development and established principles for ethical AI governance that prioritize human dignity over technological advancement. What you should know: The Pontifical Academy of Social Sciences, the Vatican's research body for social issues, organized the "Digital Rerum Novarum" conference on October 16-17, combining academic research with practical AI applications. Participants included leading experts from MIT, Microsoft, Columbia University, the UN, and major European institutions. The conference...