Supabase Doubles to $10B: How Open-Source and AI Are Redefining Database Markets
Supabase's valuation doubled to $10B in 8 months, signaling a shift towards open-source database solutions and pressuring traditional cloud providers to adapt.
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GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves. Established by the Government of Singapore in 1981 as Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with an aim to achieve good long-term returns above global inflation over the investment time horizon of 20 years.
GIC has invested in Supabase.
GIC is based in Hungary.
SourceSupabase's valuation doubled to $10B in 8 months, signaling a shift towards open-source database solutions and pressuring traditional cloud providers to adapt.
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