EQT-managed EU fund invests in $400m Lovable fundraising round at $13.3bn valuation
TOP STORY: The European Union-backed €5bn Scaleup Europe Fund, managed by EQT, has invested in a $400m Series C fundraising round by Swedish AI coding company Lovable, valuing the fast-growing 'vibe coding' startup at $13.3bn, according to a report by Bloomberg.
We haven't written up this one. Private Equity Wire has the full story — the link below goes straight to it.