Lovable acquires Sutro

● STRATEGIC | DEVTOOLS/INFRASTRUCTURE · Developer Tools

SEPTEMBER 18, 2026

Lovable acquires Sutro

TARGET

Backend-generation platform using SLang, a purpose-built definition language, to produce production-ready APIs and backends without boilerplate, targeting developers and AI coding agents.

Ownership	VC-backed · Eniac Ventures, Peter Welinder
Capital raised	$2.2 million
Headcount	7 FTEs
Headquarters	London, United Kingdom
Leadership	Tomas Halgas, Founder and CEO
Sell-side advisor	—

ACQUIRER

Lovable

AI-powered vibe-coding platform enabling non-technical users to build, deploy, and iterate full-stack software applications via natural language prompts

Ownership	VC-backed · Menlo Ventures, EQT (Scaleup Europe Fund), Accel, CapitalG, Salesforce Ventures
Capital raised	$1.05 billion
Headcount	250 FTEs
Headquarters	Stockholm, Sweden
Leadership	Anton Osika, Co-Founder & CEO
Buy-side advisor	—

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Lovable -> Sutro  (2026-09-18)
strategic_acquisition | DevTools/Infrastructure | announced
Target: Backend-generation platform using SLang, a purpose-built definition language, to produce production-ready APIs and backends without boilerplate, targeting developers and AI coding agents.
Website: withsutro.com | Buyer site: lovable.dev
HQ: London, United Kingdom | Ownership: vc-backed | Buyer ownership: vc-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/lovable-sutro.html

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