Supabase, an open-source backend platform, has secured $500 million in Series F funding, valuing the company at $10.5 billion post-investment. The round was led by GIC, with participation from existing investors like Accel and Y Combinator, as well as Stripe. This funding marks a significant valuation increase for Supabase, highlighting investor confidence in its BaaS solutions. AI
IMPACT Confirms strong investor appetite for AI infrastructure and developer tools, potentially accelerating platform development.
RANK_REASON Significant funding round for a prominent AI infrastructure company. [lever_c_demoted from significant: ic=1 ai=0.7]
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