Database startup Supabase raises $150M, acquires Turso

Database startup Supabase raises $150M, acquires Turso

Supabase Inc., a startup that commercializes the open-source PostgreSQL database, has raised $150 million in funding.

Singapore’s GIC sovereign wealth fund led the deal. It was joined by Alphabet Inc.’s CapitalG, IronArc and SquarePeg. Supabase announced the raise today alongside another business milestone: it has agreed to buy fellow database startup Turso for an undisclosed sum.

PostreSQL is one of the most popular relational databases on the market because it’s free and highly…