GIC, Stripe back Supabase in US$500M round as AI deployment surges across SEA

Supabase, a backend platform that helps you build apps faster without setting up a lot of server stuff yourself, has closed a US$500 million Series F at a US$10.5 billion post-money valuation, marking one of the largest late-stage rounds for an open source database player. The round was led by Singapore’s sovereign wealth fund GIC, [] The post GIC, Stripe back Supabase in US$500M round as AI deployment surges across SEA appeared first on e27 .