MoneyThe story, in brief
Database Startup Supabase in Talks to Double Valuation to $10 Billion
$10B. That's the valuation Supabase is chasing in its new funding round—double what it was worth 6 months ago.
The KeyNews take
Why it matters
Supabase's potential valuation jump to $10B signals massive investor appetite for database infrastructure that can compete with traditional cloud providers in the AI-driven data economy.
The key facts
4 to know$10 billion target valuation
$500 million fundraising round
100% valuation increase from last fall
GIC leading the investment talks
Go to the source
The Informationtheinformation.com
Publisher excerpt: Singapore’s GIC is in talks to lead an investment in database startup Supabase at a valuation of about $10 billion, double the level it raised at last fall, according to two people with direct knowledge of the discussions. Supabase is aiming to raise about $500 million in the fundraising round, but…