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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #156

Here's the one-hundred fifty-sixth 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 $308.5M+ in funding announcements from Kyutai, AppFlowy, Continue, Gnome, and Tracel AI, talks with COSS leaders, speaker updates for Open Core Summit, and more!


💰 COSS Funding: $308.5M+

  • Kyutai, an AI lab for open science, announced $300M in philanthropic funding from the iliad Group, th CMA CGM Group, and Schmidt Futures. Link
  • AppFlowy, the internal workspace tool, announced their $6.4M Seed led by OSS Capital. Link
  • Continue, an AI extension for IDEs, announced their $2.1M round led by Heavybit. Link
  • Gnome, the Linux GUI and operating system, announced investment from the Sovereign Tech Fund. Link
  • Tracel AI, makers of the Burn deep learning framework, announced their funding led by OSS Capital. Link
  • JJ --- e/acc: "Excited to share our investment in @Tracel_AI, creators of the Burn deep learning framework built in Rust! Burn offers many goodies for AI model builders seeking optimal performance, speed and safety: Automatic kernel fusion Asynchronous execution Thread-safe building blocks Intelligent memory management Automatic kernel selection Hardware specific features Custom Backend Extension" Link

📚 COSS Content

  • Kevin Xu ( "Porsche is going in all-in on open source Its principle: "Move from commercial-software to free-open-source-software, wherever possible" Notable projects: - a Terraform AWS ECR usage dashboard - a UI design system localized for customers in China" Link

  • Liyas Thomas: "Just updated my iPhone widget for @hoppscotch_io to keep tabs on our GitHub stars and downloads Widget script link below!" Link

  • Aiden Bai: "You write code. We make it fast." Link

  • Tauri: "What is your Monday vibe?" Link

  • Johannes: "just imagine paying thousands of $$$ / month for Qualtrics and this is the survey you get" Link

  • JJ --- e/acc: ""Lawmakers must stand firm and protect thousands of European companies & consumers from the lobbying and regulatory capture of @MistralAI and @Aleph__Alpha" Actually open source AI companies = the opposite of regulatory capture. Max has officially gone insane." Link

  • Tauri: "Open source done right is really hard. The Tauri Board took its time to set the precedent for companies becoming partners of the community. Today we are announcing @CrabNebulaDev as our first official partner. Visit our blog to find out why." Link

  • Plane: "We are going to be at @OpenCoreSummit on December 6 and 7. @vamsi_kurama will talk about the future of work, projects, and how open source is eating software. Grab a cuppa and come say hi. Tickets at #OpenCoreSummit #opensource #events" Link

  • Automattic: "Open Core Summit, the world's largest community of COSS (Commercial Open Source Software) company builders, founders, investors is happening Dec 6-7 in San Francisco! We're proud to sponsor this event. Get your tickets now: #OpenCoreSummit @opencoresummitLink

  • Flagsmith: "We recently wrote about why we've chosen to bootstrap. In response, a lot of people asked us when we think bootstrapping works---and when it doesn't. Here's our (hopefully intellectually honest) reflection on that question. #bootstrapping #buildinpublic" Link

  • JJ --- e/acc: "It was real pleasure to give a talk last week @MIT @MediaLab on commercial open source. Thanks to John Warner and David Blundin for inviting me." Link

  • Pomp: "This 19-year old raised $25 million from @alexisohanian@tobi, and many others to build a better calendar. Open-source. Loved by customers. Growing very quickly. Enjoy :)" Link

  • JJ --- e/acc: "The maturity and wisdom of @BaileyPumfleet never ceases to amaze me. We are so honored to be founding partners of @calcom ! For every single incremental user, 25 new users join our service .." Link

  • JJ --- e/acc: "Always a pleasure to visit with our partners @ITOCHUIntl --- the open source ecosystem in Japan is growing and thriving and @OSSCapital is excited to continue scaling our partnership across Japan in many areas. Thank you Tsuge-San, Masa-San and team." Link

  • "today we have a HUGE announcement Introducing OSS Hack December 1-3, 2023 100k on the line in prizes and bounties Cornell Tech Campus OR Remote we're only taking the best of the best to contribute to a variety of open source repos" Link

  • Godot Engine: "Guess who also had an amazing 4.0 release in 2023? Congratulations to the @Blender community for an incredible update!" Link

  • Draw Things: "153 hours ago, @SimianLuo released LCM LoRAs and LCM SDXL. We are late to the party, 1.20231115.0 released in iOS / macOS store today ( added LCM-family models / LoRAs support, which marks a significant speed up when running image generations locally:" Link

  • Didier Lopes: "open sourcing the OpenBB bot infra soon" Link

  • Bob van Luijt: "I will be speaking at the @OpenCoreSummit@JosephJacks_ was so kind to invite me I'll be talking about stateful and stateless infrastructure and ML (including but not limited to vector DBs, ML-model serving, etc), what I believe this means for building open-source products, and how you could leverage it for your open-source product or business Note that it's about OSS 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀, not 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 many people ask me about building an open-source company; this is a great way to share some insights from our journey tickets:" Link

  • Tracel AI: "Announcing Tracel AI: We provide the building blocks for the next generation of AI software by creating high-performance tools for deep learning researchers and engineers." Link

  • JJ --- e/acc: "Sam and Greg have to start on a clean sheet of paper. From zero. This is amazingly positive news for OpenAI and the entire industry. More competition = better options for consumers = faster pace of innovation." Link

  • Andreas Klinger: "Get fired? Why not just fork the code. Anyway... Looking forward to the open-core summit in three weeks in SF ;) If you are an early-stage COSS startup and want to attend - DM me and i hook you up w/ a discount" Link

  • JJ --- e/acc: "Exciting COSS announcement tomorrow." Link

  • JJ --- e/acc: "Just discovered@classroomio --- super cool open source platform for running tech boot camps by the talented @rotimi_best

💸 COSS Liquidity (M&A + IPOs)

  • Elastic: "We are excited to announce that we've entered into an agreement to acquire @OpsterHQ to help our users and customers get more out of their Elasticsearch deployments. Read more:" Link

🛠️ COSS Jobs

  • 3,799 jobs and 297 companies hiring! Link
  • James Perkins: "We are hiring! Come work on @unkeydev and solve API auth for the next generation of developers. Remote Anywhere $80k - $120k Commercial Open Source Apply below" Link

📊 $COSS - Public Markets

  • $COSS markets up 4.16%last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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