Supabase in Talks to More Than Double Its Valuation to $5 Billion

Supabase, a database startup that has benefited from the rise of artificial intelligence-powered coding assistants, is in talks with investors about offers that could raise its valuation to at least $5 billion, according to two people with direct knowledge of the discussions.

The investment, if finalized, would more than double its valuation from April, when investors led by Accel valued the five-year-old startup at $2 billion including the investment.