VENDOR · EU
Lovable raises €400M Series C with EU Scaleup Fund backing
European AI builder Lovable closed €400M Series C round with support from EU's Scaleup Fund, signaling renewed EU appetite for homegrown AI vendors competing with US-based peers.
WHY IT MATTERS
EU funding momentum for AI startups strengthens EMEA fintech stack diversification; banks can now explore non-US vendor ecosystems with better capitalization.
Source: Sifted · 2026-08-12