Supabase, an open-source database, has raised $500 million in Series F funding and is valued at $10.5 billion. Over 60% of the new database was created by AI agents According to Beating monitoring, the open-source database Supabase announced the completion of a $500 million Series F funding round, led by Singapore's sovereign wealth fund GIC, with participation from new and existing investors such as Stripe, Georgian, and Salesforce Ventures. This round of financing has raised Supabase's post investment valuation to $10.5 billion. Supabase CEO Paul Copplestone revealed that this funding will mainly be used to accelerate the development of open-source Postgres tools such as Multigres, as well as provide liquidity support for employees in the context of soaring computing power and user growth. Along with the financing, Multigres v0.1 (alpha), also known as the Postgres operating system, was released. Multigres is an open-source horizontal extension layer designed to provide Postgres with Vitess like sharding, seamless migration, high availability, and advanced connection pooling capabilities. The launch of Multigres enables developers to break through the performance bottleneck of standalone Postgres, without being forced to migrate to other complex database architectures for scalability, further lowering the data architecture threshold for cutting-edge applications. Under the booming trend of generative AI and automated programming tools, Supabase has experienced explosive growth. At present, there are nearly 10 million developers building on Supabase, and the database deployment on the platform has increased by 600% year-on-year. It is noteworthy that over 60% of new databases are automatically created and deployed by AI agents (such as Claude Code and Codex) or AI coding tools, indicating that the trend of Vibe Coding and agents autonomously building applications is completely reshaping the interaction form of backend infrastructure. In addition, Supabase has continued its employee friendly option cash out policy in this round of financing. Since its establishment, Supabase has allowed employees to sell up to 25% of their vested options directly through "cashless transactions" in each financing round, allowing employees to realize their options without having to advance funds. Meanwhile, Supabase also offers a 10-year option exercise period (far exceeding the industry standard of 3 months) to prevent employees from being deprived of equity benefits due to the inability to pay high exercise taxes upon resignation. [Original link]