Lovable Hits $13.3B as Sweden's Startup Boom Accelerates — SkimNews
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- Lovable raised $400 million at a $13.3 billion valuation, roughly doubling its worth in just eight months and cementing its status as a "vibe-coding darling"
- Legora, a legal AI company, and Neko Health, a health tech startup, are also putting up huge numbers out of Stockholm alongside Lovable
- TechCrunch's Equity podcast episode features host Dominic-Madori Davis interviewing Sophia Bendz, a partner at Cherry Ventures and longtime fixture of Europe's startup scene
- The discussion unpacks what's driving Nordic startup growth, from Sweden's social safety net to a wave of U.S. capital flowing into the region
Why it matters: Three Stockholm startups — Lovable, Legora, and Neko Health — all posting massive numbers simultaneously, with Lovable hitting a $13.3 billion valuation in just eight months, signals that Sweden's startup ecosystem is drawing serious U.S. investor capital at a velocity rarely seen outside Silicon Valley. Sweden's social safety net is part of the story being unpacked, not just market hype.
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