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AI ‘Vibe Coder’ Lovable Is Sweden’s Latest Unicorn

STOCKHOLM, SWEDEN, JUL 17 – Lovable achieved unicorn status with $200 million raised and $75 million annual recurring revenue from 180,000 paying users amid rising demand for AI-native development tools.

Summary by Forbes
The Stockholm-based startup has raised $200 million at a $1.8 billion valuation in a round led by Accel as competition among AI-assisted code writing companies grows.
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AllBlogThings.com - A Tech & Business Blog! broke the news in on Thursday, July 17, 2025.
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