Supabase hit $5B by turning down million-dollar contracts. Here’s why.

Source: TechCrunch

Supabase raises $100 million at a $5 billion valuation

Vibe coding has taken the tech industry by storm, and it’s not just the Lovables and Replits of the world that are winning. The startups building the infrastructure behind them are cashing in too. Supabase, the open‑source database platform that’s become the backend of choice for the vibe‑coding world, raised $100 million at a $5 billion valuation just months after closing $200 million at $2 billion. But co‑founder and CEO …