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Supabase raised $100 million at a $5 billion valuation, just months after closing $200 million at a $2 billion valuation. On TechCrunch's Equity podcast.
Why it matters: Supabase's decision to decline large enterprise contracts while raising at a $5B valuation offers a concrete look at how infrastructure startups are positioning themselves in the vibe-coding boom.
Redwood Materials raised a $350 million Series E led by Eclipse, with a new strategic investment from Nvidia's venture arm NVentures. A source put the valuation at about $6 billion.
Why it matters: Redwood's $350M round and Nvidia's participation show how retired EV batteries are being repurposed to supply power for AI data centers.
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