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Supabase raised a $500M Series F led by GIC at a $10B pre-money valuation. All existing investors joined, Stripe made a second investment, and Georgian and Salesforce Ventures joined as new investors. The company released Multigres v0.1 alpha, an open-source scalable operating system for Postgres. Database launches on Supabase grew 600% in the past year, with over 60% of new databases launched by AI tools.
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