TechCrunchAI & LLMs

Lovable Aggressively Scouts Acquisitions Amid AI Coding Wars

Lovable, the AI-driven development platform valued at $6.6 billion, is actively seeking acquisition targets to bolster its engineering ranks. CEO Anton Osika confirmed Monday on X that the company wants to onboard entire teams and startups, not just individual hires. The strategy focuses on absorbing founder-led groups who can operate with autonomy inside the larger organization, preserving the agility required for rapid ML iteration.

This move comes as competition intensifies in the generative software sector. Lovable faces pressure from specialized editors like Cursor and Replit, alongside foundational model providers such as OpenAI and Anthropic. Elena Verna, head of growth, has openly acknowledged the threat posed by these larger labs integrating native coding capabilities directly into their models.

Despite the competitive heat, Lovable's metrics remain strong. The company closed 2025 with $200 million in annual recurring revenue and has since doubled to $400 million in early 2026. Daily activity now exceeds 200,000 new projects. This expansion follows November's acquisition of cloud provider Molnett, signaling a push to strengthen backend infrastructure alongside application layers.

Osika directs interested parties to Théo Daniellot, head of M&A and Partnerships. While TechCrunch requested specifics on target profiles, the message is clear: Lovable is consolidating talent to maintain its lead in the generative development space. For engineering teams building niche tools or infrastructure, the pitch is scale without sacrificing independent drive. As the market matures, acquisitions may become the primary vector for securing top-tier technical talent against big lab encroachment.

Source: TechCrunch

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