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COSS Weekly #169

Here's the one-hundred sixty-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 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $323.2M in funding announcements for Flower, Zylon, and the Falcon Foundation, major updates from Tauri, Polar on GitHub, and more!


💰 COSS Funding: $323.2M

  • Flower, a federated and decentralized AI learning framework, announced their $20M Series A led by Felicis. Link
  • Zylon, makers of PrivateGPT, announced their $3.2M pre-seed led by Felicis. Link
  • Wamda ومضة: "UAE launches $300 million Falcon Foundation to develop open-source AI #UAE #Investments #Funding #Mena #Ai @TIIuae @atrcuae" Link

📚 COSS Content

  • ResearchHub Foundation: "ICYMI: Funders can directly crowdfund scientific research on @ResearchHub using $RSC We've had the first study successfully reach its funding goal within only 5 days of posting. Check out all the whitelisted applications below" Link

  • Gui Bibeau --- e/acc.: "Every open source company needs to invest in their DX. You cannot claim to be open source if you don't care about the people building on top of you or contributing to your project." Link

  • clem: "Trending AI posts (, models (, datasets ( and spaces ( of the week!" Link

  • Umbrel: "The wait is over. Introducing umbrelOS 1.0, and the new, upgraded Umbrel Home. umbrelOS 1.0 is a complete rebirth of umbrelOS, engineered from scratch for unparalleled stability, UX, and security. Rolling out on March 18, 2024, for our Umbrel Home & Raspberry Pi users. And in April 2024 for our Ubuntu & Debian users. The new Umbrel Home? It's supercharged with the new Intel N100 chip, a faster 16GB RAM and a 2TB SSD. It's a powerhouse: 5x faster vs Raspberry Pi 4, 2x faster vs Raspberry Pi 5. We're excited to introduce it at just $399 / €369 / £319. Shipping worldwide starting today. → Order:" Link

  • JJ --- oss/acc: "Exciting developments in @MericoDev land. Thrilled by all the progress. Merico was @OSSCapital's second ever investment in late 2018." Link

  • Tracel AI: "Our contributor @lagguill wrote an excellent tutorial about transitioning from PyTorch to Burn Link:" Link

  • Formbricks: "Just joined the 5k club. Air is good up here @documenso everything above is lavish @calcom" Link

  • Birk Jernström: "GitHub now officially supports @polar_sh as a funding platform & it looks absolutely gorgeous" Link

  • Jose | DeSciDegen: "I did my first paid peer-review thanks to @ResearchHubF ! Research Hub is awarding their native $RSC to reviewers of selected arxiv and bioarxiv papers. I received 360 RSC now valued at $160. You can see my review here and provide feedback:" Link

  • JJ --- oss/acc: "YC has funded over 150 COSS startups and wants to fund more. Wise moves." Link

  • Peer Richelsen --- oss/acc: "so much coming out of @calcom this month revenue product exciting new customers all-time company morale retreat booked 2024 lets fucking go" Link

  • DREAD BONGO: "#Bittensor is now a Top 25 project It recently surpassed a $4 billion valuation $TAO" Link

  • JJ --- oss/acc: "Can't bomb @bittensor_ ..." Link

  • Algora Open Source Bounties: "desktop + mobile apps with @TauriApps 2.0 beta! one codebase. native apps cross platform & device powered by #rustlang full interview with Daniel coming next week" Link

  • Sami Kassab: "Bittensor is its own full stack AI development platform. The ecosystem is training its own models and incentivizing its own compute providers. The whole idea is that everything you could need will be within the Bittensor ecosystem, all accessible from one API. It's wayyyyy more..." Link

  • JJ --- oss/acc: "I'm excited to be speaking alongside Liquid, Stability and Transformer architecture co-author in Tokyo tomorrow!" Link

💸 COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.

🛠️ COSS Jobs

  • 4,057 jobs and 300 companies hiring! Link
  • TechCrunch: "Why Sequoia is funding open source developers via a new equity-free fellowship" Link

📊 $COSS - Public Markets

  • $COSS markets up 0.75% last week

  • Latest $COSS markets as of last Friday at market close, courtesy of Koyfin

Koyfin market data

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