Key people involved: The deal brought Nalvin's three founders into Lovable: Pontus Gifvas, Fredrik Stockman, and Pascal Chatterjee .
Lovable CEO's rationale: The deal aligned with CEO Anton Osika's stated strategy of "cherry-picking top founders from startups" to drive growth . The move was part of a broader talent-focused acquisition approach — Lovable had said earlier in 2026 that it was actively hunting for startups to acquire, focusing on bringing in exceptional product builders rather than buying products .
Context on the deal: This was purely a talent acquisition, not a product deal. Nalvin's website was replaced with a brief notice that it was "joining Lovable," and its customers received only three sentences with no end-of-life date or migration path . Notably, Version Lens Sweden AB (the legal entity behind Nalvin) had entered liquidation on June 13, 2026 — 48 days before the acqui-hire was reported .
| Date | Event | Valuation |
|---|---|---|
| December 18, 2025 | Series B round announced | $6.6 billion |
| August 12, 2026 | Series C round of $400 million | $13.3 billion (doubled from Dec 2025) |
The Series C round was co-led by Menlo Ventures and the EQT-managed Scaleup Europe Fund, with more than a dozen other investors participating . TechCrunch noted that Lovable had confirmed "previously reported whispers that it was raising another mega round" ahead of the official announcement .
On November 25, 2025, Lovable acquired Molnett, a European cloud provider specializing in secure container deployments, for an undisclosed amount . This was an infrastructure-focused acquisition: Lovable CTO Fabian (Fabian... last name not specified in sources) noted that Molnett brought "some of the most talented infra engineers in the world" to the team . The deal was intended to create an end-to-end pipeline from AI code generation to secure cloud deployment, giving Lovable ownership over the infrastructure layer of its platform .
Key people involved: The deal brought Nalvin's three founders into Lovable: Pontus Gifvas, Fredrik Stockman, and Pascal Chatterjee .
Lovable CEO's rationale: The deal aligned with CEO Anton Osika's stated strategy of "cherry-picking top founders from startups" to drive growth . The move was part of a broader talent-focused acquisition approach — Lovable had said earlier in 2026 that it was actively hunting for startups to acquire, focusing on bringing in exceptional product builders rather than buying products .
Context on the deal: This was purely a talent acquisition, not a product deal. Nalvin's website was replaced with a brief notice that it was "joining Lovable," and its customers received only three sentences with no end-of-life date or migration path . Notably, Version Lens Sweden AB (the legal entity behind Nalvin) had entered liquidation on June 13, 2026 — 48 days before the acqui-hire was reported .
| Date | Event | Valuation |
|---|---|---|
| December 18, 2025 | Series B round announced | $6.6 billion |
| August 12, 2026 | Series C round of $400 million | $13.3 billion (doubled from Dec 2025) |
The Series C round was co-led by Menlo Ventures and the EQT-managed Scaleup Europe Fund, with more than a dozen other investors participating . TechCrunch noted that Lovable had confirmed "previously reported whispers that it was raising another mega round" ahead of the official announcement .
On November 25, 2025, Lovable acquired Molnett, a European cloud provider specializing in secure container deployments, for an undisclosed amount . This was an infrastructure-focused acquisition: Lovable CTO Fabian (Fabian... last name not specified in sources) noted that Molnett brought "some of the most talented infra engineers in the world" to the team . The deal was intended to create an end-to-end pipeline from AI code generation to secure cloud deployment, giving Lovable ownership over the infrastructure layer of its platform .