The Tech Risk Capital Market is split, with on the one hand, non -AI or low technological intensity projects that are struggling to raise or see their valuations reduced and on the other, a handful of startups, built around fundamental bricks of artificial intelligence, which raise tens or even hundreds of millions in a few days. So, Lovable,, Peec ai,, Rilletare three recent examples that illustrate this Brutal funding for fundingwhere the speed of execution becomes as critical as the quality of the product.
Europe is entering the cycle of ultra selective lifting
Difficult to pass by Lovable founded eight months ago, and which has just raised 200 million dollars in series Ato one Valuation of 1.8 billion. The tour, led by ACCELwith the participation of 20VC,, Creund,, Byfounders,, Hummingbird ,, Visionarries Club And several business angels, places the startup among the most important series has ever made in Europe.
But the announcement does not surprise, because since the beginning of the year, the financing towers around infrastructure IA follow one another, concentrating attention and capital. Startups that meet standard subjects according to the primary principle dear to Elon Musk, and which Jacques Attali explains very well. Thus for Lovable, the thesis is Replace the code by speech:“” “Less than 1 % of the world’s population knows how to code. Our mission is to offer the remaining 99 % the ability to create, iterate and deploy production software simply by speaking to an AI.”Claims its founder.
AI as a technical base, not as an opportunistic overlay
In this new cycle, the very nature of artificial intelligence integrated into the product becomes a selection criterion for investors. AI is no longer a marketing bonus or annex functionality, and it must constitute The heart of software architecturefrom which a product is rebuilt, and an organization.
This is the example of Rilletwhich reconstructs an accounting ERP around a General Ledger automated and native AI, or Peec ai which develops internal assistants directly connected to corporate data flows to automate critical tasks. These are infrastructure products, designed to insert deep into existing systems, and no simple IA color solutions.
For VCs, the competitive advantage is now played at the minute
This distribution of capital around AI is accompanied by an extreme acceleration of calendars, with as an example Lovable which completes its series has historical 200 million in Less than nine months, Peec ai who receives a $ 5 million check in less than 24 hoursAfter a reference control and an express round trip of investors (I invite you to see the Video of Harry Stebbing of 20VC on this subject) or even Rillet, which completes two major towers in just three months (25+70 million dollars) on the basis of a round that has doubled and a product deployed in a few scale-ups.
We already talked about it 10 years ago, the speed is in tech a differentiation lever, that being the change is today size, with a standard which is registering the time as a new measure. I have no doubt that some VC will now adopt this maxim ofHarry Stebbings(20VC) “To win today, you have to be aggressive and fast. Your slowness is my opportunity.”
Some info on the startups mentioned:
Founded in 2025, Lovable allows you to create software without code via a natural language interface fueled by AI. Eight months after its launch, the company has lifted 200 million dollars in series Ato a Valuation of 1.8 billionin a tour led by ACCELwith the participation of 20VC,, Creund,, Byfounders,, Hummingbird ,, Visionarries ClubAnd several business angels.
Peec ai is a German startup founded by Marius Meiners specialized in the automation of internal operations thanks to assistants piloted by AI. She lifted $ 5 millionwith 20VCin less than 24 hours, after 21 calls for customer references and a physical meeting organized in an emergency.
Created by Nicolas Koppformer leader of N26 US, Rillet develops an AI native ERP designed around a General Ledger automated. The startup has just raised 70 million dollars in series B two months after a series A of 25 million, for a total exceeding $ 100 million. Tower led by Andreessen HorowitzAnd Iconiqwith the participation of Sequoia ,, OAK HC/FT And Fog Ventures,with valuation estimated at $ 500 million.
