Swedish AI startup Lovable says it has surpassed $100mn in annual recurring revenue (ARR) just eight months after launch. This makes it the fastest-ever software company to reach the milestone — eclipsing the historically rapid growth rates of companies such as Cursor and Wiz. Lovable’s rise stems from the popularity of its generative AI platform. The […]
Funding focus is a new series analysing cash flow into the European tech ecosystem. Last week, we looked at the largest investment rounds in fusion energy this year, and now we’re honing in on Europe’s booming defence tech arena. Europe’s defence tech startups secured $971mn in funding in the first half of this year, as VCs […]
