Supabase Raises $500M at $10.5B Valuation, 60% of New Databases Built by AI Agents

According to OneMillion_AI, open-source database platform Supabase announced completion of a $500 million Series F funding round, valuing the company at $10.5 billion. The round was led by Singapore's GIC sovereign wealth fund, with participation from Stripe, Georgian, and Salesforce Ventures.

The platform disclosed that over 60% of newly created databases are now automatically generated and deployed by AI agents such as Claude Code and Codex, reflecting rapid growth in generative AI-driven development tools.

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