Antler portfolio company Lovable raises $400M Series C at $13.3B valuation

Antler, an early backer of the software creation platform, participates again as Lovable's round is led by Menlo Ventures and co-led by the Scaleup Europe Fund managed by EQT

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Stockholm, August 12, 2026 — Software creation platform Lovable today confirmed that it has raised $400 million in Series C funding at a $13.3 billion valuation. The round is led by Menlo Ventures and co-led by the Scaleup Europe Fund, managed by EQT. Antler participates as a returning investor.

The round also adds Balderton Capital and Carmignac from Europe, Kaszek Ventures and LTS Growth from Latin America, Tencent and World Innovation Lab from Asia, and Regent from the United States. Returning investors alongside Antler include Accel, CapitalG, DST Global, Evantic Capital, HubSpot Ventures, and Salesforce Ventures.

Lovable operates a software creation platform intended to let people build applications without extensive technical training. Since its launch in November 2024, users have created more than 60 million projects, and applications built on Lovable receive over 900 million visits each month. Lovable reached employees at nearly two-thirds of the Fortune 500 within its first two years. The company reports that it plans to grow to roughly 450 employees this year, keeping its headquarters in Stockholm while expanding in London, Boston, San Francisco, and New York.

Companies including Adidas, NVIDIA, Deutsche Telekom, Zendesk, Handshake, and Checkr use the platform to build internal tools and products.

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Contact
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Rike Döpp Bergérus
VP of Global Communications
+46706313538 (WhatsApp)
rike at antler.co

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About Antler
Antler is the world’s most active early-stage investor, backing exceptional people at the very start of their journey — and supporting them from inception to scale. Out of more than 25 cities worldwide—including New York, San Francisco, London, Berlin, Bangalore, Singapore, Seoul, and Sydney—the firm helps founders remove the barriers to building by connecting them with world-class peers, validating business models, and providing initial capital. To date, Antler has backed more than 2,000 startups globally, including Airalo, Lovable, Peec.AI, Reebelo, Wrtn, and Benjamin.

For founders who go on to build breakout companies, Antler Elevate—the $285M emerging growth fund—invests beyond the early stages, managed through offices in London, Singapore, and New York.