Supabase raises $500M as open-source developer infrastructure keeps scaling
Supabase reportedly raised a $500M Series F at a $10.5B valuation, showing continued demand for open-source developer infrastructure.

Supabase has reportedly raised a $500M Series F at a $10.5B valuation, another strong signal for open-source infrastructure in the AI era.
What happened
The developer platform, often described as an open-source alternative to Firebase, has continued to grow as teams look for faster ways to build and ship software.
Why it matters
AI is making it easier to create apps, but those apps still need databases, authentication, storage, and backend infrastructure. That puts developer platforms like Supabase in a very useful position.
The bigger picture
The round shows that developer tools are not just “nice to have” picks in venture. They are becoming core infrastructure for the next wave of AI-built products.
