Lovable funding news – Sweden-based Lovable Raises $15Million in Pre-Series A Round Funding
Feb 26, 2025 | By Kailee Rainse

Lovable, a Swedish AI startup, has raised $15M (around €14.29M) in pre-Series A funding to develop what it calls the world's first AI full-stack engineer.
SUMMARY
- Lovable, a Swedish AI startup, has raised $15M (around €14.29M) in pre-Series A funding to develop what it calls the world's first AI full-stack engineer.
- Lovable provides a flexible AI-powered platform that goes beyond regular no-code tools.
The investment round was led by Creandum and supported by angel investors, including Charlie Songhurst (Meta board member), Adam D’Angelo, and Thomas Wolf (co-founder of Huggingface).
Fredrik Cassel, general partner at Creandum, says, “I haven’t seen this level of user love for a product since we invested in Spotify. It’s truly astounding. Lovable has the potential to become one of Europe’s next generational companies in this new era of AI.”
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It has grown quickly with $2M in investment and is now ready to expand further with $15M in new funding. The company plans to speed up AI innovation, improve automation, and connect with important services like Supabase and GitHub.
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Founder Anton Osika says this investment will make Lovable’s technology stronger and help reach more users around the world.
Osika says, “Less than 1 per cent of the world’s population can code, which is a significant drag on innovation. Imagine if anyone with a powerful idea could turn that idea into a product. This is the vision we’re making a reality at Lovable.”
The company wants to change how software is created, helping users turn their ideas into ready-to-use products in minutes.
About Lovable
Lovable provides a flexible AI-powered platform that goes beyond regular no-code tools. Users can create anything from simple websites to complex business applications like dashboards, automation systems, and even full startups, all in one platform.
It lets non-technical users build software without coding and helps developers work up to 20 times faster than usual.