Lovable brings in the three founders of Swedish AI agent startup Nalvin
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What happened
Lovable, the Swedish "vibe coding" startup, brought in the three founders of Nalvin, a Stockholm-based AI agent platform formerly called Version Lens. Dealroom News said the deal was announced on 29 July 2026; Tech.eu reported it on 31 July. Tech.eu named the founders as Pontus Gifvas, Fredrik Stockman and Pascal Chatterjee and said the deal appeared to resemble an acqui-hire, in which a company buys a startup mainly for its talent. Financial terms were not disclosed, and neither source gives a price, share terms or a closing date.
Tech.eu said Nalvin was founded in 2023, built a platform of AI agents that automate repetitive business tasks, and raised EUR 1.5m in pre-seed funding in 2024 from People Ventures, Curiosity and Pitchdrive. Lovable chief executive Anton Osika said he really liked the founders and that four teams of deep technical founders had joined Lovable since it started. Tech.eu described Lovable as last valued at $6.6bn and reportedly in talks to raise $300m at a $13.2bn valuation, and noted that it acquired cloud infrastructure provider Molnett in November 2025. Dealroom said Lovable was on an acquisition hunt.
Key points
- Lovable brought in the three founders of Nalvin, formerly Version Lens, in what Tech.eu said appeared to resemble an acqui-hire.12
- Financial terms were not disclosed.12
- Nalvin, founded in 2023, raised EUR 1.5m in pre-seed funding in 2024.1
- Lovable CEO Anton Osika said four teams of deep technical founders had joined the company since it started.1
- Tech.eu cited Lovable's last valuation as $6.6bn, with reported talks at $13.2bn.1
Why it matters
The sources describe a hiring of founders with no price, customer or revenue figure attached. The deal adds people to the team but gives no new number for a valuation to rest on.
Osika said four teams of deep technical founders had joined Lovable since it started, and Tech.eu noted the earlier Molnett acquisition. Dealroom described Lovable as on an acquisition hunt, with this deal doubling as a talent play.
Tech.eu cites a last valuation of $6.6bn and reported talks at $13.2bn. The sources draw no connection between this deal and either figure.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series A | Jul 17, 2025 | $1.8B | $200M | Accel |
| Series B | Dec 18, 2025 | $6.6B | $330M | CapitalG and Menlo Ventures |
| Series C | Aug 12, 2026 | $13B | $400M | Menlo Ventures and Scaleup Europe Fund |
Updated
Fact-check
- Lovable brought in the three founders of Nalvin, formerly called Version Lens.Confirmed by [1] Tech.eu: Lovable acquired the team behind Nalvin, previously Version Lens, founded by Pontus Gifvas, Fredrik Stockman and Pascal Chatterjee. [2] Dealroom reports three founders joining.Verified
- The deal was announced on 29 July 2026; Tech.eu reported it on 31 July 2026.Confirmed by [2] Dealroom News: the deal "was announced July 29, 2026"; [1] Tech.eu is dated 31 July 2026.Verified
- Financial terms were not disclosed.Confirmed by [1] Tech.eu: financial terms were not disclosed. [2] Dealroom News gives no price or terms either.Verified
- Nalvin was founded in 2023 and raised EUR 1.5m in pre-seed funding in 2024.Confirmed by [1] Tech.eu: Nalvin was founded in 2023 and raised EUR 1.5m in pre-seed funding in 2024 from People Ventures, Curiosity and Pitchdrive.Verified
- Lovable was last valued at $6.6bn and was reportedly in talks to raise $300m at a $13.2bn valuation.Confirmed by [1] Tech.eu, which states both figures; the talks are described as reported, not confirmed.Verified
- Anton Osika said four teams of deep technical founders had joined Lovable since it started.Confirmed by [1] Tech.eu quoting Osika: "Since we started, we have had four teams of deep technical founders join the mission."Verified
- Lovable acquired cloud infrastructure provider Molnett in November 2025.Confirmed by [1] Tech.eu, dated 31 July 2026: "In November last year, Lovable acquired cloud infrastructure provider Molnett."Verified
Sources
- [1]Tech.eu (opens in a new tab)Lovable snaps up team behind Swedish AI agent startup NalvinI really like these founders and I'm very excited to have them on board.
- [2]Dealroom News (citing Breakit) (opens in a new tab)Lovable acquires Swedish AI startup Version Lens to bring in three foundersLovable is on an acquisition hunt, and the move doubles as a talent play.
