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NZ Herald·3 min read·medium

founded by Kiwi Paul Copplestone, raises US$500m at US$10b valuation

founded by Kiwi Paul Copplestone, raises US$500m at US$10b valuation
AI Summary

AI startup Supabase, co-founded by New Zealander Paul Copplestone, has raised $500 million in Series F funding at a $10 billion valuation. The company provides database tools that support the growing trend of 'vibe coding' and generative AI development.

Why it matters

The massive valuation reflects the high investor demand for infrastructure tools that enable rapid AI application development.

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Paul Copplestone is a co-founder of Supabase.

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Confidence: 90%

The article provides a factual report on a business funding round and the company's technological focus.

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