Supabase Set to Skyrocket: Valuation Aims for $10 Billion

Supabase, a database startup, is in discussions to raise its valuation to $10 billion. The company aims to gather $500 million in its upcoming fundraising round, according to The Information.

April 2 (Reuters) - The database startup Supabase is reportedly in negotiations to double its valuation to an impressive $10 billion, according to The Information.

Sources indicate that Supabase is planning to raise approximately $500 million in the upcoming fundraising round.

The move marks a significant milestone for the company as it seeks to secure substantial investment to boost its market position.

(With inputs from agencies.)