Lovable acquires Sutro, handing Slovak founder Halgaš a second exit
What's the deal? Swedish unicorn Lovable has acquired SutroDealroom has a profile for this one. Try Dealroom →, the startup built over five years by Slovak founder Tomáš Halgaš. The acquisition was announced in September 2026; terms were not disclosed.
Why now? Halgaš approached Lovable's Anton Osika with an offer to supply Sutro's technology. He came to pitch a partnership and left with an offer to sell the company instead.
What's the endgame? Halgaš was convinced Lovable should use the technology his team had spent five years developing. The two founders had known each other for some time before the deal.
The signal: The exit marks the second for Halgaš, who previously sold a startup to TwitterDealroom has a profile for this one. Try Dealroom →. It underscores how European scaleups such as Lovable are buying up smaller teams to fold their technology into a broader platform.
Read more: forbes.sk
Image credit: Generated with Gemini
