Vibe-coding phenomenon lifts AI startup Supabase to $10.5B valuation (www.cnbc.com)

Supabase, a startup specializing in back-end technology for artificial intelligence applications, has successfully secured $500 million in funding, achieving a remarkable valuation of $10.5 billion. Co-founder and CEO Paul Copplestone highlighted how the rise of "vibe coding"—a method allowing developers and non-technical users to swiftly create applications through simple prompts—has significantly fueled interest and investment in the startup. With increasing adoption of AI-driven coding tools like Anthropic's Claude Code and OpenAI’s Codex, Supabase has capitalized on this trend, seeing its customer base expand to over 250,000 since its launch in 2020. The new funding round, marked by a surge in AI infrastructure investments, signals strong market confidence in Supabase's potential to revolutionize the database landscape. The startup’s use of the popular open-source database Postgres enables developers to build, scale, and manage their applications efficiently. Additionally, Supabase has unveiled a new tool, Multigres, aimed at helping companies scale their applications to meet the demands of larger organizations, rivaling established players like MongoDB and Amazon's Aurora. With a rapidly growing workforce and a unique offering, Supabase is positioning itself as a key player in the evolving AI/ML ecosystem.