Lovable Aims to Expand: Acquisitions Planned for AI Startup
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Lovable Eyes Acquisitions to Strengthen Its Growth
The startup Lovable, specializing in vibe-coding and application development through artificial intelligence, was recently valued at $6.6 billion. In an announcement made on Monday on the social network X, Anton Osika, co-founder and CEO of Lovable, revealed that the company is actively seeking new acquisitions. The goal is to integrate talented teams and startups within Lovable.
Osika emphasized that many key members of Lovable were themselves founders before joining the startup. He highlighted the company culture that allows founder profiles to thrive, providing them with the autonomy needed to lead innovative initiatives.
He also encouraged individuals working on interesting projects to consider joining Lovable to develop their ideas on a larger scale. Interested parties are invited to contact Théo Daniellot, head of mergers and acquisitions and partnerships at Lovable.
Competition and Ongoing Growth
This acquisition strategy comes as Lovable faces increased competition from other development tools such as Cursor, Replit, and Bolt, as well as the coding capabilities of AI models. Elena Verna, head of growth at Lovable, expressed concerns regarding competition from major AI labs like OpenAI and Anthropic.
Despite these challenges, Lovable continues to grow rapidly. The startup recently announced an annual recurring revenue (ARR) of $400 million, doubling its figure from the end of 2025. Additionally, the platform sees the creation of over 200,000 new vibe-coding projects each day.
Acquisition History
Lovable is not new to mergers and acquisitions. Last November, the company acquired Molnett, a cloud provider, to strengthen its cloud infrastructure team. This move demonstrates Lovable's commitment to consolidating its technical capabilities and expanding its reach.
TechCrunch has reached out to Lovable for more details on the types of startups and projects that currently interest the company.
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