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.

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