# Supabase Raises $500M as AI Coding Tools Drive 'phenomenal' Growth

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-06-04T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/06/04/supabase-raises-500m-ai-coding-tools-drive-phenomenal-growth)  
> **Canonical Citation:** [https://spidits.com/timeline/supabase-raises-500m-as-ai-coding-tools-drive-phenomenal-growth](https://spidits.com/timeline/supabase-raises-500m-as-ai-coding-tools-drive-phenomenal-growth)

## Executive Summary
Postgres database startup Supabase Inc. has closed on a $500 million late-stage investment that brings its valuation to a cool $10.5 billion, it revealed today.

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/06/04/supabase-raises-500m-ai-coding-tools-drive-phenomenal-growth)**: Supabase raises $500M as AI coding tools drive 'phenomenal' growth — _Postgres database startup Supabase Inc. has closed on a $500 million late-stage investment that brings its valuation to a cool $10.5 billion, it revealed today. The company, which provides ready-to-use back-end tools for developers building websites and artificial intelligence coding applications..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*