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. Leia mais →