By Joanna Tan · AI in APAC · October 7, 2026

Supabase, the Singapore-based open-source database platform, has raised $150 million in fresh funding led by Singapore state investor GIC and Google’s CapitalG — marking CapitalG’s first investment from a newly raised fund. The round pushes Supabase’s total funding past $1 billion, with backers including Accel, Peak XV Partners, Craft Ventures, Coatue, Y Combinator, Stripe, Salesforce Ventures and Figma.

Founded by a team that met through the Entrepreneur First accelerator programme in Singapore, Supabase has built its backend-as-a-service platform — offering databases, authentication and file storage — into one of the more widely used developer tools of the current AI coding wave. The company says it is now adding more than 1 million users and 4 million new databases every month, with roughly 70% of those new databases created not by human developers directly, but by AI coding agents acting on their behalf. Supabase reported a 600% year-on-year jump in database creation back in June.

The surge reflects a broader shift: as AI agents increasingly write and ship code autonomously, the infrastructure underneath them — databases, auth, storage — needs to scale just as fast. Supabase’s pitch is to be that default backend, letting developers, and now agents, spin up a working database in seconds rather than provisioning servers by hand.

For Singapore, the raise is another data point in the city-state’s case as Southeast Asia’s deepest well of AI-adjacent venture capital, with GIC’s participation underscoring how the government’s own investment arms are leaning into the agentic AI infrastructure layer alongside global tech investors.

Source: Asia Tech Review, 5 October 2026.

Joanna Tan covers AI investment, policy and the business of AI across the region for AIAPAC.ai Insights.