Supabase has secured $150 million in new funding led by GIC, with participation from CapitalG, IronArc, and SquarePeg. This comes four months after the company's $500 million Series F round. The open-source Postgres development platform has also acquired Turso, a company specialising in database architecture for large-scale agentic workloads. The acquisition aims to enable instant database creation without dedicated machines for each agent. Supabase reports adding over 1 million new users monthly and creating 4 million databases each month. The company has experienced significant year-over-year growth in database creation, driven by increased adoption of AI coding tools and agent-driven workflows. The funding will support product development and provide liquidity for employees whilst Supabase continues expanding its infrastructure offerings for developers and AI applications.

Supabase has raised $150 million in new funding led by GIC, with participation from Alphabet's CapitalG, IronArc, and SquarePeg. The round follows the company's $500 million Series F from four months earlier. The open source Postgres development platform is adding more than 1 million users and 4 million databases monthly, with 70% of new databases created by agents or AI-driven tools. This represents a 600% year-over-year increase in databases. Alongside the funding, Supabase announced it is acquiring Turso, a platform enabling developers to access higher volumes of databases for agentic workloads. Turso's architecture allows for low-cost, on-demand provisioning of databases. The company now serves more than 13 million developers and provides a complete backend including Postgres database, authentication, storage, and other services.