Funding · September 30, 2026
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J12 Sells Stake in Lovable for 225 Times Investment
J12 has sold its stake in Lovable, achieving a 225-fold return on the original investment. The venture capital firm invested 800,000 kronor during the company's founding in late 2023, followed by an additional investment in 2024. Bo Mattsson, a partner at J12 and former founder of Cint, noted the tight market conditions at the time. The sale was reported by Breakit.