BusinessJun 8, 2026
Supabase raises $500M at a $10.5B valuation as “vibe coding” takes off
The open-source database startup nearly doubled its valuation in eight months, closing a $500M Series F led by GIC with Stripe, Accel, Y Combinator and Salesforce Ventures. Supabase says launches on its platform are up more than 600% in a year — and over 60% are now spun up by AI coding tools, not people.
Why it matters: It’s the clearest sign yet that AI-written apps are reshaping who — and what — builds the back end of the internet.