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Press release

Flat makes an angel investment of 1 MSEK in Lovable

Flat Capital

Flat Capital AB (publ) (“Flat”) has made an angel investment of approx. 1 MSEK in Lovable, who democratizes software development through its acclaimed AI platform that enables anyone to build websites, apps and more - without any technical knowledge. Other investors include Creandum.

Lovable was founded in 2023 by the Swedish entrepreneurs Anton Osika and Fabian Hedin with the aim of enabling anyone to build and launch digital products. The company has had a flying start with record growth both in terms of number of users and turnover.

More information about Lovable: https://lovable.dev/ 

For further information, please contact:
Hanna Andreen, CEO, hw@flatcapital.com, +46 (0) 73 53 44 66 

Certified Adviser:
Flat Capital's Certified Adviser is Augment Partners AB, info@augment.se, +46 (0) 8 604 22 55

About Flat Capital:
Flat Capital is an investment company that focuses on growth stage companies with prominent entrepreneurs in leading positions and primarily makes investments through its network of world-class investors and entrepreneurs. The company was founded in 2013 by entrepreneurs Nina and Sebastian Siemiatkowski (founders and CEOs of Milkywire and Klarna, respectively) and is led by CEO Hanna Andreen together with an experienced board of directors. Examples of portfolio companies include OpenAI, Klarna, Perplexity, SpaceX and Figma. The company aims to provide long-term capital and is essentially a passive minority shareholder, while Flat Capital’s experience and network are available to the extent the entrepreneur wishes. The aim is to facilitate successful company building and enable exposure to otherwise hard-to-reach and promising companies. More information is available at www.flatcapital.com

Note: This is a non-official translation of the Swedish original text. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

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Flat makes an angel investment of 1 MSEK in Lovable

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