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Jun, 2026 : Supabase Raises $500M As AI Agents Reshape Postgres Use
📅 - Supabase has raised $500 million at a $10.5 billion post-money valuation, seven months after its previous round, as investors chase the database layer behind AI-generated applications. The open source Postgres platform says agents now deploy most databases on its service, a claim that puts backend infrastructure closer to automated software creation workflows across enterprises.
The round was led by GIC, with existing investors including Accel, Y Combinator, Craft, Felicis, Peak XV and Coatue participating. Stripe made its second investment in the company. Salesforce Ventures also joined. Supabase says it has now raised more than $1 billion in total capital.
That is a large number for a [...][... Check source for end of article ...]
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📅 - Supabase has raised $500 million at a $10.5 billion post-money valuation, seven months after its previous round, as investors chase the database layer behind AI-generated applications. The open source Postgres platform says agents now deploy most databases on its service, a claim that puts backend infrastructure closer to automated software creation workflows across enterprises.
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