Lovable secured $330M in funding to empower non-developers to build software, reaching a $6.6B valuation. Meanwhile, Exein raised an additional €100M to expand its embedded cybersecurity platform, while Neural Concept secured $100M for AI-native engineering.
German VC firm Picus Capital secured €150 million in preferred equity financing from Carlyle AlpInvest. The funding will fuel new investments and support Picus's portfolio of nearly 200 companies, including unicorns Personio and Enpal, with a focus on fintech, AI, and cybersecurity.
Neural Concept, an AI platform for product development, secured €85 million in Series C funding, backed by Goldman Sachs Alternatives. The Lausanne-based company aims to enable AI-driven design of advanced systems for cars and spacecraft.