Supabase Completes $500M Series F Round at $10.5B Valuation, with Over 60% of New Databases Created by AI Agents

ME AI News, according to monitoring by Beating, the open-source database Supabase has 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, and Salesforce Ventures. This round raises Supabase’s post-money valuation to $10.5 billion. Supabase CEO Paul Copplestone revealed that the funds will primarily accelerate the development of open-source Postgres tools such as Multigres, and provide liquidity support for employees amid surging compute demands and user growth. Concurrent with the funding announcement, Supabase unveiled Multigres v0.1 (alpha), dubbed the “Postgres Operating System.” Multigres is an open-source horizontal scaling layer designed to deliver Postgres with capabilities similar to Vitess—including sharding, seamless migration, high availability, and advanced connection pooling. The launch of Multigres enables developers to overcome single-node Postgres performance bottlenecks without being forced to migrate to complex alternative database architectures, further lowering the barrier to entry for advanced application data infrastructure. Amid the rapid growth of generative AI and automated programming tools, Supabase has experienced explosive growth. Nearly 10 million developers are now building on Supabase, with database deployments on the platform increasing by 600% year-over-year. Notably, over 60% of new databases are automatically created and deployed by AI agents (such as Claude Code and Codex) or AI coding tools, signaling that Vibe Coding and autonomous agent-driven app development are fundamentally reshaping interactions with backend infrastructure. Additionally, Supabase has maintained its employee-friendly stock option cash-out policy during this funding round. Since its founding, Supabase has allowed employees to sell up to 25% of their vested options via “cashless transactions” in every funding round—enabling them to realize value without paying upfront exercise costs. Supabase also offers a 10-year option exercise window—far exceeding the industry standard of three months—preventing employees from losing equity gains due to inability to pay high exercise-related taxes upon departure. (Source: MLion)