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COSS Weekly #172

Here's the one-hundred seventy-second 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 $89M in funding announcements from Zama and Ubicloud, a major release from W4 Games, news in AI, and more!

Enjoy!


πŸ’° COSS Funding: $89M

  • Zama, building Fully Homomorphic Encryption, announced their $73M Series A led by Protocol Labs and MultiCoin Capital. Link
  • Ubicloud, an alternative to AWS, announced their $16M Seed led by Y Combinator and 500 Emerging Europe. Link

πŸ“š COSS Content

  • JJ --- oss/acc: "We've backed several of the fastest growing and largest open source founders in India over the last few years via @OSSCapital ... Many millions of users. If this does not get reversed, we will reverse our historical position of encouraging founders to stay put and build their companies largely in India." Link

  • JJ --- oss/acc: "Head of OpenAI DevRel .. just quit. Well said!" Link

  • Plane: "Something new is coming to #COSS." Link

  • Formbricks: "We just hit 1 MILLION tracked end users So our customers identified 1.000.000 people in their products via the Formbricks SDK Let's make it 100.000.000 by EoY How lovely that everyone at the Ambani wedding celebrated this with us!" Link

  • JJ --- oss/acc: "From Compute to Intelligence. burn.dev @Tracel_AI" Link

  • W4 Games: "We're excited to announce the first public release of @W4Games new infrastructure for multiplayer games tailored around @godotengine. Match your players and manage your game servers in a few clicks with the W4 Cloud. w4games.com/2024/03/05/w4-..." Link

  • Plane: "Last few seats remaining. Join our OSS guild now! Featuring, - @vamsi_kurama on building Plane - @JosephJacks_ and OSS founders on raising early to build meaningful OSS companies - Loads of watercooler conversations and more RSVP at lu.ma/plane-ossguild" Link

  • JJ --- oss/acc: "The business model for open source AI is called Bittensor." Link

  • Mark Jeffrey: "Hash Rate - Ep. 46: Bittensor AI Venture Capital Guest: @JosephJacks_ of OSS capital - $25M committed to #Bittensor ecosystem!!! - What is OSS interested in funding? - Subnet tour: make it tangible - AI startups make more revenue on Bittensor (!) - $TAO to 1 Trillion+? A #Bitcoin-like asset? - Talking $TAO with Redhat Founder Bob Young - Bittensor is generating more revenue than OpenAI? - Are blockchains socialism? Or capitalism? Or BOTH? - Should $TAO rewards flow to market usage also? - Get compensated for building raw AI infrastructure HASH RATE is published exclusively on @X" Link


πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

No COSS Liquidity news this week.


πŸ› οΈ COSS Jobs

  • 4,275 jobs and 302 companies hiring! Link

πŸ“Š $COSS - Public Markets

$COSS markets down 2.27% last week

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

Koyfin market data

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