Lovable valued at 127 billion in mega-round – EQT joins
AI company Lovable is valued at 127 billion SEK in a new funding round with EQT joining as an investor, founder Anton Osika confirms.

What happened?
AI company Lovable has closed a new funding round that values the company at 127 billion SEK. Venture capital firm EQT is joining as a new investor in the round, a fact confirmed by co-founder Anton Osika. The round represents a significant capital injection for the company's continued development.
Key facts
| Bolagsvärdering | 127 miljarder SEK |
|---|---|
| Ny investerare | EQT |
| Grundare | Anton Osika |
Why it matters
The funding round is one of the largest investments in a Swedish-founded AI company to date. The entry of a major player like EQT highlights strong capital interest in AI tools geared towards software development and automation.
Who is affected?
The initiative primarily involves the company's founders, existing and new investors such as EQT, as well as developers and customers utilizing Lovable's AI platform. The scale of the deal also impacts the Swedish AI and venture capital sectors.
Impact on the EU
The funding round and Lovable's services are fully accessible to users and investors within the EU. There are no EU-specific regulatory barriers or restrictions reported for this current investment round.
What else you should know
According to the company, the capital from the round will be used for continued product development and expansion of the team. The 127 billion SEK valuation places Lovable among the highest-valued AI startups with Swedish connections.
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