As Lovable hits $200M ARR, its CEO credits staying in Europe for its success
Lovable CEO Anton Osika said he credits ignoring advice to move to Silicon Valley for the AI coding company’s success.
Accel
The global race for the AI app layer is still on
The U.S. is far ahead of Europe in the race for large AI models, at least in funding. But the picture is different for the application layer, global VC firm Accel highlighted in its 2025 Globalscape report.
Accel backs Uber rival Rapido as Prosus boosts stake
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.
NVIDIA, Qualcomm join U.S., Indian VCs to help build India’s next deep tech startups
Qualcomm Ventures has joined six Indian venture firms, collectively adding more than $850 million to boost India’s deep-tech ecosystem.
Sheryl Sandberg-backed Flint wants to use AI to autonomously build and update websites
Flint raised a $5 million seed round led by Accel, with participation from Sheryl Sandberg’s fund, Sandberg Bernthal Venture Partners, and prior investor Neo.
The startup behind open source tool Polars raises $21M from Accel
Polars, the Amsterdam-based company behind the popular open source project by the same name, has raised an €18 million Series A led by Accel.
Rocket.new, one of India’s first vibe-coding startups, snags $15M from Accel, Salesforce Ventures
Rocket.new has surged to 400,000 users and $4.5M ARR in three months.
India’s Urban Company soars 58% above IPO price in year’s most subscribed offering
Urban Company’s IPO, which opened last week, was oversubscribed more than 100 times, reflecting strong investor demand.
FirstClub bucks India’s speed obsession, quickly triples valuation to $120M with premium approach
FirstClub has raised $23 million in a Series A round co-led by Accel and RTP Global to expand its premium quick commerce platform.