Who made the announcement?

Supabase, the open-source Postgres development platform.

The company raised $500 million in a Series F funding round at a $10.5 billion valuation.

Why was the funding raised?

To accelerate its expanding lead in the agentic AI infrastructure space.

AI News NQ Analysis

Supabase Raises $500M at $10.5B Valuation to Lead in Agentic AI Infrastructure

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N1 Content Completeness 90

AI Summary (NQ-processed)

Supabase raised $500 million in a Series F round at a $10.5 billion valuation. The company also launched a preview of Multigres, an open-source scale-out foundation for Postgres.

AI Analysis

Frequently Asked Questions

Q: Who made the announcement?: A: Supabase, the open-source Postgres development platform.
Q: What was announced?: A: The company raised $500 million in a Series F funding round at a $10.5 billion valuation.
Q: When was the announcement made?: A: June 4, 2026.
Q: Where was the announcement made?: A: San Francisco.
Q: Why was the funding raised?: A: To accelerate its expanding lead in the agentic AI infrastructure space.