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fmerian

Supabase raises $500M in Series F at a $10B valuation

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The funds will boost open-source / Postgres tools, grow the platform, and liquidity for the employees.

Two months ago, @Supabase announced 8,000,000 developers building with the platform. [1] They're now nearly 10 million, with databases launches growing by 600% over the past year.

Read the announcement on supabase.com →

S/O to @copple @antwilson and the @Supabase team! 👏👏

What should they build/improve/fix from your perspective?

[1]: 100,000 GitHub Stars

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Marvin Danig

Nice and all. I wonder how much money does an open source project need to scale from 10 million developers and up? What does this investment mean for the future of the FOSS license it is under? 🙂

fmerian

@achiral good question. nothing mentioned in the blog announcement. however, @copple added a note to the community:

I work at Supabase because we're open source. Building for a community of builders is the thing I care most about. One of Supabase's principles is to support existing tools, working collaboratively with the open source community.

@Supabase also is a top supporters of the OSS community, with $1M+ disbursed via @OpenCollective.

full disclosure: humble contributor here.

Rahil Pirani
The team @supabase has done an exceptional job on the platform. So much so that my 16 yo told me yesterday that he’s building a project using Supabase and loves it! In his words “I just found it, and I’m already loving how easy this is making my project”
fmerian

@rahilpirani great story!

Mikita Aliaksandrovich

Going from 8M to almost 10M developers in a few months is wild. Curious to see how much of that growth is being driven by AI-assisted development and indie builders.

fmerian

More than 60% of new databases are launched by "some sort of AI tool," according to the blog announcement.

Neal Miskell

@fmerian Crazy stat and likely only to get higher...not sure if its a good thing or not.