Supabase

San Francisco – October 02, 2026 -- Supabase has raised $150 million in new funding led by GIC, with Alphabet's independent growth fund CapitalG, IronArc, and SquarePeg also participating, just four months after closing a $500 million Series F round. Alongside the raise, the open source Postgres development platform announced it is acquiring Turso, a database platform built to handle high-volume provisioning for agentic workloads.

Supabase now adds 1 million users and 4 million databases every month

Seventy percent of those new databases are created by agents or AI-driven tools rather than human developers, the company said. The figure follows a 600% year-over-year increase in database creation reported in June, when agent-driven deployments had already become the majority on the platform.