Supabase raises $150 million led by GIC, alongside its acquisition of Turso

Supabase raises $150 million led by GIC, alongside its acquisition of Turso

2 October 2026 — Supabase, the San Francisco company behind the open-source Postgres development platform, announced on 2 October 2026 that it has raised $150 million in new funding led by GIC. The company announced the acquisition of Turso, which makes an SQLite-compatible database, the same day. Our earlier item covers the acquisition; this one covers the funding.

Not yet independently verified. The company's statement is cited from the wire because Supabase's own blog post on the Turso deal does not mention the funding. The release does not name a stage or valuation, and says part of the round provides liquidity for employees. We will update this when it can be confirmed, and remove this note.

The round

According to Supabase's release, the $150 million was led by GIC, with CapitalG, IronArc and SquarePeg also participating. The company says the investment comes four months after its $500 million Series F. It does not give the round a stage name or state a valuation.

Supabase says the round and the acquisition will speed up its product development around agent-driven databases, and that the round will also provide liquidity for employees. The money is therefore not all new capital for the business.

What the company does

Supabase offers a hosted backend built around Postgres: a database with authentication, file storage, real-time updates and serverless functions, available as a managed service or to self-host as open source. The company attributes its recent growth to AI coding tools and agents, which create and use databases programmatically. Turso brings an SQLite-compatible database and its own cloud service; Turso has said its platform keeps running and its database stays open source.

Why it matters for buyers

A large round from a sovereign fund and a growth fund backed by a major cloud provider suggests Supabase intends to stay independent and keep investing rather than sell. For customers that is reassuring on continuity, but it also raises the usual questions after rapid growth and an acquisition: how pricing evolves, how two database products are combined, and how much of the roadmap is shaped by AI-agent use rather than by traditional application teams.

What to check

• Whether your plan's pricing, limits or terms change in the coming months, and how much notice is promised.
• For Turso customers: the roadmap for Turso Cloud and any migration expectations.
• Data residency and processor details, which can change after an acquisition.
• Support commitments on your plan, especially if your use grows with agent-created databases.
• Your exit route: Postgres and SQLite are open formats, so check how easily you can export.

Sources

• Supabase (via PR Newswire): Supabase announces $150M in new funding and Turso acquisition — 2 October 2026
• SiliconANGLE: Database startup Supabase raises $150M, acquires Turso — 2 October 2026