Supabase raises $150M and acquires database startup Turso

Supabase, the startup commercializing the open-source PostgreSQL database, has raised $150 million in a round led by Singapore's GIC with participation from CapitalG, IronArc and SquarePeg. The company also agreed to acquire Turso, a SQLite-based database optimized for AI agents, for an undisclosed sum.

• The $150M round was led by Singapore's sovereign fund GIC
• Supabase is acquiring Turso, a SQLite-based database for AI agents
• Proceeds will fund employee liquidity and new AI agent features
• Supabase Compute offers hosted sandboxes for long-running agents