GIC

About GIC

Government entity

Recent News about GIC

• Supabase raises $500M Series F to power AI-first databases

  Supabase announced on June 4, 2026 a $500 million Series F round at a $10.5 billion post‑money valuation, focused on scaling its Postgres‑based backend platform as AI agents drive usage. TechCrunch reported on June 5, 2026 that the round was led by Singapore’s GIC, with participation from Stripe, Georgian and Salesforce Ventures, and that more than 60% of new Supabase databases are now launched by AI tools like Claude Code and Codex. The raise roughly doubles the company’s valuation since October 2025.

  Source: PR Newswire2026-06-04T16:00:00.000Z

• Anthropic secures $1.5bn Claude joint venture with Wall Street

  Anthropic has launched a new AI-native enterprise services firm with Blackstone, Hellman & Friedman and Goldman Sachs as founding partners, backed by about $1.5 billion in committed capital. Announced on May 4, 2026, the venture will embed Claude engineers and models directly into mid-market companies, positioning itself as an alternative to traditional consulting for AI transformation. ([techcrunch.com](https://techcrunch.com/2026/05/04/anthropic-and-openai-are-both-launching-joint-ventures-for-enterprise-ai-services/))

  Source: Fortune2026-05-04T14:37:00.000Z

• Harvey reportedly seeks $200M at $11B valuation in new legal AI round

  TechCrunch reports that legal AI startup Harvey is in talks to raise about $200 million at an $11 billion valuation, led by Sequoia and Singapore’s GIC. The company, which sells LLM‑based tools to law firms, has already climbed from a $3 billion valuation in early 2025 to $8 billion after a $160 million round late last year.([techcrunch.com](https://techcrunch.com/2026/02/09/harvey-reportedly-raising-at-11b-valuation-just-months-after-it-hit-8b/))

  Source: TechCrunch2026-02-09T18:21:00.000Z

• Anthropic pursues $10B+ mega-round as revenue run rate tops $9B

  Bloomberg reporting on January 21, 2026 said Anthropic is lining up over $10 billion in new funding led by Coatue and Singapore’s GIC, potentially pushing total recent commitments above $20 billion alongside prior Nvidia and Microsoft deals. The company’s annualized revenue run rate reportedly exceeded $9 billion at the end of 2025, more than doubling since July.

  Source: Bloomberg via Yahoo Finance2026-01-21T21:39:00.000Z