Tags: Anton Osika

Swedish AI coding startup Lovable announced that its annual recurring revenue has reached $200 million, a figure it achieved within four months of surpassing $100 million. CEO Anton Osika credited the decision to remain in Europe, rather than relocate to Silicon Valley, as a key factor in the company’s rapid growth. The firm leveraged strong European talent, recruited engineers from Silicon Valley firms, and benefited from an active open‑source community. Lovable’s latest $200 million Series A round, led by Accel, valued the company at $1.8 billion, underscoring investor confidence in its European‑centric strategy. Read more

Anton Osika, co‑founder and CEO of Lovable, addressed a packed audience at a major tech conference, highlighting the company’s rapid growth, its recent product releases, and a strategic focus on building the best platform for users rather than chasing valuation milestones. While investors are speculating about future funding rounds, Osika stressed that Lovable’s priority is delivering a secure, fast, and easy‑to‑use experience, leveraging multiple foundation models, and supporting a broad range of use cases from marketers to engineers. He also noted the company’s commitment to staying rooted in Europe despite its global ambitions. Read more