Reported about 17 hours ago
Lovable, a rapidly growing AI startup from Sweden, aims to raise over $150 million at a valuation nearing $2 billion, as reported by the Financial Times. This fundraising follows a previous $15 million round earlier this year and marks a significant progression for the company, which specializes in building web applications from text prompts. Lovable's recent announcement includes a beta version of an AI agent for automating coding tasks, signaling a shift in their business model to a usage-based pricing strategy, which could attract investors' interest.
Source: YAHOO