Supabase doubles valuation to $10B in 8 months

Supabase 估值在 8 个月内翻倍至 100 亿美元

Supabase, the open source database of choice for the vibe-coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday. That’s about $10.5 billion after the investment. Supabase 是“氛围编程”（vibe-coding）领域首选的开源数据库。该公司周五宣布，已完成 5 亿美元的 F 轮融资，投前估值为 100 亿美元。投资完成后，其估值约为 105 亿美元。

The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as vibe-coding tools have driven its usage to astounding growth. Database launches on Supabase have grown over 600% in the past year, with over 60% of them launched “by some sort of AI tool,” CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise. 这家新晋的“百亿独角兽”（decacorn）在过去几年里，每隔几个月估值就会翻一番，这得益于氛围编程工具推动了其使用量的惊人增长。首席执行官兼联合创始人 Paul Copplestone 在宣布融资的博客文章中写道，过去一年中，在 Supabase 上创建的数据库数量增长了超过 600%，其中超过 60% 是“通过某种 AI 工具”创建的。

The startup also now claims nearly 10 million developers as users, which has doubled in eight months. Copplestone particularly credits Claude Code and Codex for this growth because the popular AI models “expand the number of people who can build.” Supabase is also a database of choice for Bolt, Figma, Lovable, Replit, and others. 该初创公司目前声称拥有近 1000 万开发者用户，这一数字在八个月内翻了一番。Copplestone 特别将这一增长归功于 Claude Code 和 Codex，因为这些流行的 AI 模型“扩大了能够进行开发的人群规模”。Supabase 同时也是 Bolt、Figma、Lovable、Replit 等公司的首选数据库。

This new influx of cash follows a $100 million round at a $5 billion valuation in October. And that raise came just months after closing $200 million at $2 billion. Supabase uses popular open source database Postgres as its engine, which launched long before AI was a twinkle in Sam Altman’s eye. 此次注资之前，该公司曾在 10 月份以 50 亿美元的估值完成了 1 亿美元的融资。而那次融资距离其以 20 亿美元估值完成的 2 亿美元融资仅过去几个月。Supabase 使用流行的开源数据库 Postgres 作为其引擎，而 Postgres 的诞生远早于 AI 成为 Sam Altman 眼中的焦点。

One of the more interesting things about Supabase is the work it’s doing to make Postgres less of a maintenance hog for developers and vibe coders as their apps grow and attract users. For instance, this week Supabase launched a tool called Multigres that it describes as an “operating system” for Postgres. It’s intended to ease the complexity of running Postgres at scale, giving developers a central way to manage pesky tasks like read replicas, failovers, connection limits, backups, and so on. Supabase 最有趣的地方之一在于，它致力于减轻开发者和氛围编程者在应用增长和吸引用户时维护 Postgres 的负担。例如，本周 Supabase 推出了名为 Multigres 的工具，将其描述为 Postgres 的“操作系统”。它旨在降低大规模运行 Postgres 的复杂性，为开发者提供一种集中式的方法来管理诸如只读副本、故障转移、连接限制、备份等繁琐任务。

Another interesting aspect about the company involves the choices Copplestone made to build it. He told us on an episode of the Equity podcast in November how he refused to partake in the “shtification” of developer tools because he wouldn’t cater to enterprises offering multimillion-dollar contracts that then make product demands. Instead, he sticks to his own product vision. That’s the reverse strategy of most startups, but there’s no denying it’s been working for Supabase. 关于这家公司的另一个有趣之处在于 Copplestone 在构建公司时所做的选择。他在 11 月的一期 Equity 播客节目中告诉我们，他拒绝参与开发者工具的“垃圾化”（shtification），因为他不想为了迎合那些提供数百万美元合同却随之提出产品要求的企业而妥协。相反，他坚持自己的产品愿景。这与大多数初创公司的策略背道而驰，但不可否认的是，这对 Supabase 来说非常有效。

The round was led by GIC, with existing investors piling in like Stripe, and new investors Georgian and Salesforce Ventures. 本轮融资由新加坡政府投资公司（GIC）领投，现有投资者如 Stripe 跟投，新投资者包括 Georgian 和 Salesforce Ventures。