Open-source database Supabase raises $500 million Series F funding, valuing it at $10.5 billion, with over 60% of new databases created by AI Agents.

Open-source database Supabase raises $500 million Series F funding, valuing it at $10.5 billion, with over 60% of new databases created by AI Agents. According to Beating Monitoring, Supabase announced the completion of a $500 million Series F funding round, led by Singapore's sovereign wealth fund GIC, with participation from new and existing investors including Stripe, Georgian, Salesforce Ventures, and others. This round of funding has pushed Supabase's post-money valuation to $10.5 billion.
Next, three things need to be watched: whether relevant funds continue to flow in, whether on-chain transaction volume and holdings continue to expand, and whether the project team or regulators provide new confirmation information. A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can solidify into a trend.
Risks should also be considered: Supabase CEO Paul Copplestone revealed that this funding will mainly be used to accelerate the development of open-source Postgres tools like Multigres, and to provide liquidity support for employees amid soaring computing power and user growth. Along with the funding announcement, a version 0.1 (alpha) of Multigres, called the "Postgres Operating System," was also released.
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