Funding rounds, founders, and what the Valley is betting on next.
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Open-source database startup Supabase has doubled its valuation to $10 billion in just eight months, riding a wave of AI-assisted software development that is drastically accelerating developer adoption.
Cybersecurity startup Cyera is reportedly negotiating a $300 million funding round that values the company at $12 billion, defying current market sobriety with an 80x ARR multiple.
Mach Industries has secured a massive $300 million funding round, quadrupling its valuation in a year as venture capitalists aggressively underwrite capital-intensive military hardware.
Enterprise startup Corgi has secured a $106 million funding injection that doubles its valuation to $2.6 billion, raising serious questions about insider-driven cap table markups.
The company is building open-source-based switching infrastructure specifically for AI data centers. The size of the round signals that the network layer is now a standalone bet — not a feature of GPUs, not a feature of clouds.