MoneyThe story, in brief
Database startup Supabase raises $150M, acquires Turso
$150M. Supabase just raised that to acquire a rival database startup and cement its position as the open-source PostgreSQL platform.
The KeyNews take
Why it matters
Supabase's funding and Turso acquisition signal consolidation in the open-source database layer — a critical dependency for agentic AI systems and vector workloads. For enterprise buyers, this shapes the database choice for AI applications.
The key facts
5 to knowSupabase raised $150M Series D led by Singapore's GIC sovereign wealth fund
Alphabet's CapitalG, IronArc, and SquarePeg also participated
Turso acquisition price undisclosed
Supabase commercializes open-source PostgreSQL
Turso is a fellow database startup (likely SQLite-focused based on market context)
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Supabase Inc., a startup that commercializes the open-source PostgreSQL database, has raised $150 million in funding. Singapore’s GIC sovereign wealth fund led the deal. It was joined by Alphabet Inc.’s CapitalG, IronArc and SquarePeg. Supabase announced the raise today alongside another business…