Anton Osika says Lovable aims to make coding obsolete as company raises $200mn
By Shorts-C Jul 19, 2025
In Sweden’s largest ever Series A funding, Lovable raises $200mn at a $1.8bn valuation in a round led by Accel to make coding obsolete.
Lovable CEO and co-founder, Anton Osika took to X to highlight the Stockholm-based company's role in enabling creatives to turn their ideas into functioning products and services.
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We're not trying to 'capture' the existing market for building apps and websites. We're creating a new market.
Before Canva, there were only 5M 'designers' that used Photoshop. Canva made everyone capable of designing, 44x'd the market to 220M designers.
Lovable is doing the same for code and 'producing' 1 billion builders by building the product that builds all other products.
”
-Anton Osika, via X.
According to a Forbes report, Osika says that recent funding will help the latest Sweden-based unicorn expand its 45-person team, build out its product to support more complex apps and websites and push for in-house teams at large companies.
Anton Osika has often said that building his vibe coding startup in Europe is like playing a game on “hard mode” yet the company has achieved significant feats.
Caio Moretti is said to have made $3mn in 48 hours with a product built on Lovable, according to latest X post by Osika.
By cutting time cost of building software from 300+ hours to 1 hour, Lovable aims to scale up the 47 million developer community to 1 billion, enabling the vast majority build out ideas previously limited by coding literacy.
