Supabase secured $500M in Series F funding at a $10B pre-money valuation to accelerate open source tools and infrastructure.
- •Multigres v0.1 alpha released as a scalable operating system for Postgres providing high availability and operational simplicity
- •Database launches on Supabase grew 600% in the past year with over 60% driven by AI tools
- •Developer base nearly doubled to 10 million since the last fundraising announcement eight months ago
- •Supabase for Platforms became the fastest growing product with partners building on the platform
- •Combined with OrioleDB work, aims to solve key Postgres challenges including bloat, connection pooling, and horizontal sharding
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