Accel

As Lovable hits $200M ARR, its CEO credits staying in Europe for its success

Enterprise /

Swedish vibe coding unicorn Lovable has doubled its annual recurring revenue (ARR) to $200 million in just four months, co-founder and CEO Anton Osika said on stage at the 2025 Slush technology conference in Helsinki, Finland. The milestone comes just four months after the year-old company surpassed $100 million in ARR in July. Osika credited […]

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NVIDIA, Qualcomm join U.S., Indian VCs to help build India’s next deep tech startups

AI /

NVIDIA and Qualcomm Ventures have joined a growing coalition of U.S. and Indian investors backing India’s deep tech startups. The group launched in September with more than $1 billion in commitments, timing that aligns with India’s new ₹1 trillion (around $12 billion) research and development initiative. NVIDIA has joined the coalition as a strategic technical

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Accel and Prosus team up to back early-stage Indian startups

Venture /

Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders building large-scale solutions with the potential to serve the masses in the South Asian nation. Announced on Monday, the collaboration marks the first time Prosus is investing at the formation stage. Both firms will co-invest

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Sheryl Sandberg-backed Flint wants to use AI to autonomously build and update websites

AI /

Sometimes, you can only spot what’s wrong when you’ve been part of the process for a while. That was the case for Michelle Lim, who, while running Warp’s growth marketing effort earlier this year, realized that the company wasn’t updating its website quickly enough. She noticed that potential customers were asking ChatGPT and other AI

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The startup behind open source tool Polars raises $21M from Accel

Fundraising /

Polars, the Amsterdam-based company behind the popular open source project of the same name, has raised €18 million (about $21 million) in a Series A round led by Accel, with participation from Bain Capital Partners and angel investors. But while raising this kind of money is the dream of many developers, its creator Ritchie Vink

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Rocket.new, one of India’s first vibe-coding startups, snags $15M from Accel, Salesforce Ventures

AI /

Rocket.new, an Indian startup building an AI-powered app development platform, has raised $15 million in a seed round led by Salesforce Ventures to take on viral vibe-coding rivals like Lovable, Cursor, and Bolt by letting users build full, production-ready apps from natural-language prompts rather than just quick prototypes. Accel and Together Fund joined Salesforce Ventures

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India’s Urban Company soars 58% above IPO price in year’s most subscribed offering

Commerce /

Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25

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