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COSS Weekly #159

Here's the one-hundred fifty-ninth 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 πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw more than half a billion in funding announcements from Mistral AI, Replicate, Liquid AI, W4 Games, and Extropic, highlights from Open Core Summit, new projects emerging, and more!

Enjoy!


πŸ’° COSS Funding: $506.7M

  • Mistral AI, focused on open and secure language models, announced their $400M round at $2B valuation. Link
  • Replicate, an API for AI languages, announced their $40M Series B led by a16z. Link
  • Liquid AI, building AI systems from first principles, announced their $37.6M Seed led by OSS Capital and PagsGroup. Link
  • W4 Games, leading the Godot gaming ecosystem, announced their $15M Series A led by OSS Capital. Link
  • Extropic, focused on physics-based computing, announced their $14.1M Seed led by Steve Jang and Kindred Ventures. Link
  • JJ --- oss/acc: "Today we unveil @LiquidAI_ to the world along with $37.5M in funding led by @OSSCapital and @pagsceltics + a phenomenal group including @Capgemini @naval @mojombo @CaretakerBob @tobi and many other amazing folks. Liquid is a new foundation model platform company bringing the most transcendent AI to humanity. liquid.ai/blog/new-gener..." Link

πŸ“š COSS Content

  • Aiden Bai: "JJ and Peer have a high conviction that COSS is the future --- if you're interested do apply!" Link

  • JJ --- oss/acc: "So @calcom is only 2 contributors away from hitting 500 people who have spent time to help make the best scheduling platform on earth even better. What are you waiting for? github.com/calcom/cal.com" Link

  • JJ --- oss/acc: "Join us at Open Core Summit III (OCS) in SF this week on Wednesday and Thursday. We @OSSCapital will be making a couple of big announcements and hanging with the best group of COSS founders in the world! opencoresummit.com" Link

  • JJ --- oss/acc: "Open Core Summit is tomorrow in SF !!! Can't wait to see and hang out with everyone. Huge thanks to @Automattic and @OSSCapital for making the event possible + all our other amazing sponsors @calcom @giteaio @PingCAP @openbb_finance @MindsDB @planepowers @appflowy @formbricks @aitomatic @W4Games @ResearchHub @documenso @supabase. Opencoresummit.com" Link

  • Godot Engine: "The #GodotEngine Foundation is now one year old, and what a year! We launched our Godot Development Fund in September, which gathered a lot of support from the community. Here's an update about where we stand, and what this new level of funding enables: godotengine.org/article/godot-..." Link

  • Didier Lopes: "Here's a preview of what I'll be showing at the AI in Finance event later today" Link

  • JJ --- oss/acc: "Livestream for OCS keynotes tomorrow is now FREE - I'll be interviewing Bob Young the founder of @RedHat and Daniela Rus the head of @MIT_CSAIL in the morning + my partner @HeatherMeeker4 will be interviewing @sytses the founder of @gitlab and @mojombo the founder of @github : opencoresummit.com" Link

  • JJ --- oss/acc: "Honored to know and work with these incredible legends --- @RedHat founder @CaretakerBob and @automattic founder @photomatt." Link

  • OSS Capital: "Feeding OCS III attendees with ⁦@peer_rich⁩ and ⁦@JosephJacks_⁩" Link

  • JJ --- oss/acc: "Here's the recap video with some highlights from OCS (Open Core Summit) III these past couple days in SF. Massive thanks to @photomatt & @automattic for partnering with @OSSCapital to make this years event possible + all our incredible speakers @CaretakerBob @mojombo @sytses @BaileyPumfleet @didier_lopes @jamiepine @ericabrescia @kelseyhightower @arcalinea and so many more." Link

  • JJ --- oss/acc: "So grateful for my amazing partner @HeatherMeeker4." Link

  • JJ --- oss/acc: "I can't disclose which one of our companies this is .. but they have spent zero on ads / marketing. This is pure organic traffic on a cloud service supporting tens of thousands of tenants. Mean and lean team that didn't exist a year ago. By the power of open source !!!!!!!" Link

  • Jonathan - oss/acc: "Yes." Link

  • annieanqi: "Truly honored to have met @CaretakerBob in person. Learned a lot from our discussions and his insightful keynote. His willingness to share wisdom with aspiring startup founders is invaluable I feel grateful for his leadership and support in the open source community." Link

  • OpenBB: "The OpenBB Discord bot is now Open Source. Get the latest in investment research from vast data sources and a vibrant community. Investment research anywhere, anytime, all for free. Join us today! openbb.co/bot-discord" Link

  • Skytable: "As we told you in our Octave launch post, this is just the start. We're shipping a lot of new features in the coming weeks ! If you missed the post, here's a link to it again: skytable.io/blog/2023/12/s... See you soon!" Link

  • JJ --- oss/acc: "Two slides from our first @OSSCapital LP and founder event yesterday. 95% of our portfolio did not exist 3 ~ years ago. We are truly just getting started. ONWARDS!" Link

  • Adithya Krishna: "Exciting announcement I have joined @documenso as a full-stack developer! Been a part of the community for the past 4 months, and now I've joined the team full-time!" Link

  • Juan Linietsky: "As a reminder, since many developers said they would be holding off trying Godot until mobile + C# was supported, the new 4.2 release has full C# support on both iOS and Android." Link

  • Peer Richelsen --- oss/acc: "the legends @JosephJacks_ and @CaretakerBob" Link

  • JJ --- oss/acc: "We are a top trending Rust project for the Nth week. Always love to see it. @rustdesk" Link


πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.


πŸ› οΈ COSS Jobs

  • 3,733 jobs and 297Β companies hiring! Link
  • JJ --- oss/acc: "TODAY we announce that @OSSCapital has led the Series A of @W4Games, creators and stewards of @GodotEngine --- We are joined by @Naval and a phenomenal lineup of angels including @Anchorage founder @DiogoMonica, @OpenSea founder @xanderatallah, @GitHub CEO @ashtom, @lmaugustin + more legends. 2 years ago ~, we led the founding seed investment in W4 and this year witnessed the further meteoric rise of Godot in the gaming industry. It's a thrill and huge honor to help accelerate the transformation of this $300B+ category through the power of open source. We are hiring! w4games.com/2023/12/07/w4-..." Link

πŸ“Š $COSS - Public Markets $COSS markets up 1.12% last week

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

Koyfin market data

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