Supabase Targets $10B Valuation in $500M Funding Round Led by GIC
Open-source database startup Supabase is in advanced discussions to raise approximately $500 million in a new funding round that would catapult its valuation to around $10 billion, according to multiple reports. This represents a potential doubling of the company's valuation just months after its previous round, signaling massive investor confidence in the developer infrastructure sector. The investment is reportedly being led by GIC, Singapore's sovereign wealth fund, as cited by The Information and confirmed across several sources. The move highlights the continued boom in demand for scalable database solutions, a trend being significantly fueled by the ongoing artificial intelligence (AI) revolution which requires robust data management infrastructure. This prospective funding round underscores a broader surge in investor appetite for developer tools and backend services. If successful, the substantial capital infusion would position Supabase among the most highly valued private companies in the open-source and database technology space, marking a key milestone in its growth trajectory.
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Sources
Supabase Targets $10 Bn Valuation as AI Wave Fuels Developer Infrastructure Boom - TechStory
In a strong signal of continued investor confidence in developer infrastructure, Supabase is reportedly gearing up to raise around $500 million in fresh funding. If successful, the round could double the company’s valuation to approximately $10 billion—just months after it was valued at ...
Database startup Supabase seeks to double valuation to $10 billion: Report - The Economic Times
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The Information reported on Thursday.
Database startup Supabase seeks to double valuation to $10 billion, The Information reports — TradingView News
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The Information reported on Thursday, citing people with direct knowledge of the talks.Here are some details:
Supabase Eyes $10 Billion Valuation as Demand for Scalable Databases Surges - The Edvocate
Spread the loveIn a significant move reflecting the booming demand for scalable database solutions, Supabase, an open-source database startup, is reportedly in discussions for an investment round that could double its valuation to an impressive $10 billion. The funding is expected to be led ...
Database startup Supabase seeks to double valuation to $10 billion: Report - The Economic Times
Singapore sovereign wealth fund ... at a valuation of about $10 billion, The Information reported on Thursday, citing people with direct knowledge of the talks. Here are some details: Supabase is seeking to raise about $500 million in the fundraising round, although ...
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