# Supabase raises USD 150 million led by GIC, announces Turso acquisition

On 2026/10/2, PR Newswire reported that open-source database platform Supabase had raised USD 150 million in new funding led by Singapore sovereign wealth fund GIC, with some funds used for employee liquidity. It also announced the acquisition of database technology company Turso, continuing investment in the open-source Postgres ecosystem and agent infrastructure.



Canonical: https://uniquebase.ai/news/60458643-de8c-4f16-bedc-1428895d10b9
Stable identifier: 60458643-de8c-4f16-bedc-1428895d10b9
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T23:20:21.101Z

## Connected profiles

- [CapitalG](/institutions/capitalg)
- [GIC](/institutions/gic)
- [IronArc](/institutions/ironarc)
- [SquarePeg](/institutions/squarepeg)
- [Supabase](/companies/supabase)

## Sources

- https://www.prnewswire.com/news-releases/supabase-announces-150m-in-new-funding-and-turso-acquisition-302896752.html
