Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise

In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it would be sitting in the sweet spot for 2025’s biggest trend: vibe coding. But on Tuesday, the fruits of that became evident when it announced a $200 million series D at a $2 billion post-money valuation led by Accel, with Coatue, Y Combinator, Craft Ventures, and longtime investor Felicis participating in the round, Fortune reported. This fresh $200 million comes just seven months after Supabase announced it raised $80 million led by Peak XV (a Sequoia spinoff) and David Sach’s Craft Ventures. Supabase wouldn’t comment on the valuation at that time, but PitchBook put it at about $900 million. All told, the startup has now raised about $398 million. Supabase is another example of how commercially successful open source projects can be. It offers an open source version of Firebase, Google’s database AI app development platform, and hosts the apps for up to $ ... Read full article.