• EQT Ventures’ Scaleup Europe Fund co-led Lovable’s USD 400 million Series C with Menlo Ventures at a USD 13.3 billion valuation.
• Lovable builds production-grade applications from plain-language prompts, positioning it as an AI-driven no-code software creation platform.
• EQT first backed Lovable in its Series B in December 2025, increasing its commitment in the latest round.
• Lovable reported more than 60 million projects built in under two years, supporting a push into payments, integrations, security, governance.
• Company is anchored in Stockholm while expanding hubs in London, Boston, San Francisco, New York to support global growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQT Ventures published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.