Observed Signal · Oct 2, 2026 · Market Signal · Source: Supabase · Impact: 2/5
Supabase is acquiring Turso
Supabase is acquiring Turso, a serverless SQLite database company, announced on October 2, 2026.
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Connected Companies & Entities
1 Entity mappedRelated Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Supabase Raises $500M at $10.5B Valuation
Supabase, a database and backend platform used to build AI applications, raised $500 million in a funding round that values the company at $10.5 billion including the new capital. The round was led by GIC and included investors such as Accel, Y Combinator, Craft, Felicis, Coatue and Stripe. Supabase, founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson, provides Postgres-based backend tooling and has grown to about 250,000 customers and roughly 350 employees. The company said AI-assisted coding tools (notably Anthropic’s Claude Code and OpenAI’s Codex) now generate the majority of databases on its platform. Supabase also previewed a new scaling tool called Multigres aimed at supporting very large deployments.
Developers Switch from Firebase to Supabase
A developer-published guide (originally on iloveblogs.blog, republished on dev.to) argues that many developers are migrating from Google’s Firebase to Supabase in 2026. The article lists four main drivers: unpredictable per-read Firestore pricing, NoSQL query limitations, vendor lock-in with Firebase, and better server-side/Next.js support from Supabase. It provides concrete migration steps including mapping Firestore collections to PostgreSQL tables, migrating Firebase Auth users to Supabase Auth, exporting data with scripts and pg_dump, updating application code to Supabase SDK calls, and replacing Firebase services with Supabase equivalents. The post includes SQL and TypeScript examples, a suggested two-week migration timeline for mid-sized apps, and claimed outcomes such as lower monthly costs (60–80% savings), improved developer velocity, and data portability because Supabase is open-source and self-hostable.
Supabase Raises $500M Series F at $10B Valuation
Supabase, an open-source Postgres-based backend, has raised $150 million in a new funding round led by GIC, with participation from CapitalG, IronArc, and SquarePeg. This follows a $500 million Series F in June at a $10 billion pre-money valuation. The new round's valuation and the acquisition price for Turso, a SQLite-based database startup focused on AI agents, were undisclosed. Turso's founder, Glauber Costa, will join Supabase as Head of Agentic Services. The company reports over 13 million developers (up from nearly 10 million in June) and about 70% of new database creations are attributed to AI tools. Earlier this year, Supabase launched Multigres to simplify Postgres at scale.
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