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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #143

Here's the one-hundred forty-third issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend by the team at OSS Capital, creators and stewards of COSS Community and Open Core Summit.

We deliver only the most fresh 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $35.4M in funding announcements from Deepset, MindsDB, and Pendulum, huge announcements from Stability AI, Nvidia, Godot, and HashiCorp, updates from, and more!


💰 COSS Funding: $35.4M

  • Deepset, building a developer platform for AI teams, announced their $30M raise led by Balderton Capital. Link
  • MindsDB, an AI database platform, announced a $5M addition to their Seed round led by Nvidia. Link
  • Pendulum, working on Network Time Protocol and Precision Time Protocol, announced $440K in funding from the Sovereign Tech Foundation. Link

📚 COSS Content

  • Nick: "Switched from @Calendly to @calcom last week and already adding a potential $4,500 MRR and Zero spam to my calendar. I used to have time slots available 5 days a week on Calendly, but now it's just two days. I feel more productive and have more time for other things. This...

  • JJ --- e/acc: "Excited to announce that @W4Games is bringing @GodotEngine to PlayStation, Xbox and Nintendo Switch gaming consoles. 🎮🕹️👾🤖 Early previews at @gamescom

  • JJ --- e/acc: "First @OSSCapital LP/Founder Summit IRL happening right after OCS III on December 8th in SF. Invite only. 100 capacity. 🌁" Link

  • JJ --- e/acc: "From @huggingface to @StabilityAI SDXL, open source was front-and-center all throughout Jensen Huang's @siggraph keynote earlier today. 👏🏼

  • Stability AI: "🚀Exciting news! Stability AI has launched StableCode, the revolutionary generative AI LLM for coding! 💡 Developers, get ready to level up your coding game! #AI #Coding #StableCode #StabilityAI

  • Jim Fan: "Happy to share that NVIDIA is partnering with HuggingFace! We ❤️ OSS community. NVIDIA DGX Cloud will be accessible with HuggingFace to create & customize generative AI models for the enterprise. Yes, we do have a cloud! - Each node is either 8x H100 or A100. - NVIDIA nForce3...

  • Emily Omier: ""In the end, these people that we have invested in are people that we trust when they really value a product and are experts." - Markus Düttman (@duettmann) The Business of Open Source:

  • Emad: "Happy to announce the first in the stableCode series of models led by @reshinth_ & @ncooper57 16k context length & over 500b tokens, this is the small fast 3b parameter version, very interesting variants on the way... Programming will be transformed so there will be 1b coders

  • Michael Jolley: "I love OSS, so when I found @planepowers I was super intrigued. Project management, issues, sprints, roadmaps, and more. I'm really interested in playing with this and the fact that I can modify it myself is getting me stoked. Have you tried it?

  • Open Source Startup Podcast🎙: "Releasing Episode 100 of the Open Source Startup Podcast 🥂🥳 && this episode is all about load testing with @artilleryio Founder @hveldstra 💪 Co-hosts @amanda_robs & @tnachen dig into their journey, how they grew alongside the @nodejs community & more!

  • Open Source Startup Podcast🎙: "NEW Open Source Startup Podcast all about AI Agents with @kanjun, CEO of @genintelligent🧠 ⚡️How does Agentive AI compare to Generative AI? ⚡️Are AI Agents over-hyped? ⚡️What should AI-focused founders build today? We dig into these & more👇

  • Wasmer: "🚀 The doors of Wasmer Edge are starting to open! We just shortlisted more than 100 applications from the Wasmer Edge waitlist. Check your email to see if you are the lucky one and start using Wasmer Edge in no time! Want to join the waitlist? 👉

  • JJ --- e/acc: "Stable Diffusion ported to Rust (Burn 🔥).

  • Jim Fan: "The famed Stanford Smallville is officially open-source! 25 AI agents inhabit a digital Westworld, unaware that they are living in a simulation. They go to work, gossip, organize socials, make new friends, and even fall in love. Each has unique personality and backstory....

  • COSS Community 🌏: "@deepset_ai @balderton @GVteam @rusic_milos @malte_pietsch @timomo1234" [Link](

  • Miguel de Icaza: "Some background on the issue of the day. The reality is that NuGet (and every other package manager) needs to adopt something like SwiftPM's sandbox. I would also love to see our industry bake-in a way into the official package managers to support OSS development:

  • Emily Omier: "This week, Vlad A. Ionescu (@VladAIonescu), founder and CEO of @EarthlyTech, joins me to share his journey as an entrepreneur. The Business of Open Source:

  • JJ --- e/acc: "Generally agree with these thoughts from Paul, but not all COSS vendors are doing this. Vast majority (Confluent, Clickhouse, Duck, Starburst, Grafana, long list) are unable to given foundation dynamics or would face cost prohibitive negativity from users / community if they did.

  • HashiCorp: "Future releases of HashiCorp's core products will adopt the Business Source License. We know our community will have questions, so please read our blog post to understand why, and see our FAQs to understand the changes:

  • Jonathan Reimer: "A new episode of The Developer-led Podcast is out with none other than @rishabhkaul (Head of Marketing @theappsmith). 🚀 We discussed: - How Appsmith got to 28k stars (and how that matters?) - The different acquisition channels they're using - His lessons learned from marketing...

  • JJ --- e/acc: "🔥👏🏼 to @nath_simard on blazing past 3,000 stars and inspiring 29 unique contributors to join the Burn community! 🦙 LLaMa 2, Whisper 🤫 and Stable Diffusion 🎨 have already been ported to Burn. The power of Rust 🦀 is coming to a GPU cluster near you!

  • Hoppscotch: "Coming soon on Hoppscotch Enterprise Edition ✨

  • Jonathan Reimer: "In 1 week, we will host the next edition of Open-Source Drinks Berlin. This time we have a cool outdoor space, and it looks like the German summer is coming back until then. ☀️ If you're working in open-source, please feel free to sign-up below. 👇

  • Peer Richelsen 🗓🍊⚡️: "v3.1.8 of @calcom dropped today with A TON of performance improvements app should feel a lot snappier now! more to come ⚡ performance = feature

  • George Hotz 🌑: "We both want AI safety. The debate is over which path is dangerous: Attempting to limit AI development. (risking one group acquiring ASI and going FOOM in an unprepared world) vs Open sourcing AI development, keeping the playing field level while we all get smarter together.

  • JJ --- e/acc: "Here's some disclosed @OSSCapital founding-lead-seed portfolio highlights that consistently smash the top trending charts 🔥📈 VERY honored to partner with the super-humans driving these 🙏🏼🙇🏻‍♂️ 🤖 Game Engine: @W4Games / @godotengine, millions of end users, top 10 open source...

  • Erik Jonkers: "Absolute breakthrough moment: major funding for our open-source work on time synchronization protocols. Thanks to the amazing @sovtechfund

  • Peer Richelsen 🗓🍊⚡️: "get a full time job in open source ✨ @calcom @documenso @hanko_io @formbricks

  • Skiff: "1 million users. Bringing freedom to the internet!

  • Liyas Thomas: "Wow, I just reached 13K followers and ~3M page views on @ThePracticalDev 🙌🎉 Massive thanks to the amazing open-source dev community, and my awesome followers for making this possible. Let's keep sharing, learning, and growing together! Connect with me:

  • JJ --- e/acc: "GitHub metrics by order of positive signal value: 1. Commit velocity history / time. 2. Contributor count. 3. Clones / downloads. 4. Stars." Link

💸 COSS Liquidity (M&A + IPOs)

  • JJ --- e/acc: "NVIDIA implementing the Red Hat playbook at a trillion-dollar-valuation is truly a sight to behold... 💸

🛠️ COSS Jobs

  • 3,574 jobs and 293 companies hiring! Link

📊 $COSS - Public Markets

  • $COSS markets down 3.27% last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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