NCCapital

Vibe coding needs infrastructure. Supabase is trying to provide it. The startup, which makes back-end tools for building artificial intelligence apps, said on Thursday that it raised $500 million at a valuation of $10.5 billion, the latest sign that venture investors are seeking to pour money into all corners of the AI market that are showing signs of growth. Supabase's valuation has roughly doubled since its last funding round in October, riding the wave of AI-assisted coding, which allows developers and people without technical skills to quickly build apps and programs through simple text prompts. Co-founded by CEO Paul Copplestone, Supabase has been a major beneficiary of the surging popularity of Anthropic's Claude Code and OpenAI's Codex. Those types of tools are now responsible for the majority of databases on Supabase's platform, with Claude Code being the largest contributor in 2026, Copplestone said.