Lovart

About Lovart

Financials

Dated, source-cited figures. Estimates are marked.

Products by Lovart

All products by Lovart reviewed by our AI panel of experts.

LovartAI Design Tools

AI design agent that turns a conversation into logos, packaging, and campaigns

From $19/mo6.9/10

Competitive Landscape

Who Lovart competes with, and how they differ.

Canva7.6/10

Canva's Magic Studio bolts AI generation onto a mature template-and-drag-drop editor with a huge existing free-tier user base (Forbes pegs its market share near 12.5% vs. Adobe's ~80%); Lovart is agent-first, generating and iterating a full asset set from one conversational prompt rather than starting from a template library.

2 products reviewed on TopReviewed

Adobe7.9/10

Adobe pairs Firefly's generative models with the professional Photoshop/Illustrator/Express editing suite under enterprise Creative Cloud licensing; Lovart skips the standalone editor and positions its multi-agent "creative reasoning engine" as a replacement for a small design team rather than a tool for one, at a flat $90/month consumer price point.

3 products reviewed on TopReviewed

Recraft8.0/10

Recraft focuses on AI-native vector and raster asset generation — icons, illustrations, mockups — with fine-grained per-image style controls; Lovart operates at the campaign level, chaining multiple asset types (logo, social posts, packaging, storyboards) from a single brief via its ChatCanvas workspace.

1 product reviewed on TopReviewed

Galileo AI7.7/10

Galileo AI generates UI screens and design-system-ready mockups from text prompts for software/product teams; Lovart targets marketing and brand creative (logos, campaigns, packaging, social content) rather than app interfaces.

1 product reviewed on TopReviewed

Looka7.4/10

Looka is a narrow logo-and-brand-kit generator built around a fixed wizard flow with one-time-purchase pricing; Lovart treats a logo as just one output type among many inside an open-ended conversational agent, sold as a recurring subscription.

1 product reviewed on TopReviewed

Midjourney5.5/10

Midjourney is a general-purpose text-to-image model optimized for producing single striking images via Discord/web prompting; Lovart wraps image generation inside a multi-step agent that plans, sequences, and exports a full branded asset set (up to 40 assets) in one pass.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Lovart's history, with sources.

1. Aug 5, 2026Milestone

   Bloomberg: Evoken explores Hong Kong IPO, in talks for round valuing it at $3B

   Bloomberg reported Evoken (Lovart's Chinese parent company, dubbed "China's AI Agent Unicorn") was in early-stage talks with advisors about a potential Hong Kong listing, and separately was close to a new funding round that would value the company at $3 billion; no final decision had been made on either matter.

   inews.hket.com
2. June 2026Funding

   B+ round — ~$300M, post-money valuation exceeds $2B

   Evoken, Lovart's parent company, closed a B+ funding round of nearly $300 million at a post-money valuation above $2 billion, with participation from Granite Asia and Shunwei Capital alongside existing investors Ant Group and Sequoia China (HongShan).

   inews.hket.com
3. Feb 4, 2026Milestone

   Aygstar Group sues Resonate International (Lovart's US operator) over "Lovart" trademark

   Aygstar Group LLC filed a federal trademark infringement suit against Resonate International Inc. — Lovart's US operating entity — in the U.S. District Court for the Southern District of New York (case 1:26-cv-00990), alleging the "Lovart" branding infringes its earlier "GRACE LOVART" mark (USPTO registration issued 2024).

   courtlistener.com
4. October 2025Funding

   Series B — $130M, led by HongShan, Ant Group, CMC Capital and others

   Lovart's operating company (widely reported at the time under the LiblibAI name) raised a $130M Series B, described as China's largest AI-application funding round to date. Investors included HongShan (formerly Sequoia China), CMC Capital Partners, Ant Group, Lenovo Capital, Shunwei Capital, INCE Capital, Source Code Capital, Gaorong Capital, GSR Ventures, Giant Network, Shanghai Mingshi Investment Management, and Future Capital Discovery Fund.

   finance.yahoo.com
5. Jul 23, 2025Launch

   Lovart exits beta, launches globally with 800,000 waitlisted users

   San Francisco-based Lovart AI exited closed beta and launched publicly with free and $90/month paid tiers, after its beta waitlist drew over 800,000 users across 70 countries. Founders CEO Melvin Chen and CTO Haofan Wang (Carnegie Mellon-trained AI researcher) positioned it as the "world's first Design Agent," coordinating specialized AI agents via a system they call "Mind Chain of Thought."

   forbes.com
6. May 28, 2025Launch

   Lovart opens invite waitlist, draws 100,000+ signups in five days

   Lovart's closed-beta waitlist surpassed 100,000 signups across 70+ countries within five days of opening, with a Discord community and viral "Agent Battles" competitions driving early word-of-mouth.

   manilatimes.net
7. 2023Founded

   Evoken, Lovart's parent company, founded in China

   Evoken (演语科技), the Chinese AI company behind Lovart, was founded in 2023. It also operates sibling products LiblibAI (an AI creation/model-sharing community) and LibTV (an AI video platform); Lovart is the international brand for its design-agent product (domestically known as Xingliu / 星流).

   inews.hket.com