Here's the ninety-seventh 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 $52.6M+ in funding for Tidelift, NebulaGraph, Arpeggi Labs, and Centricity, the Ethereum PoS Merge, and a #1 launch for Cal.com 2.0 on Product Hunt! Also, look out for an AMA this Friday Sep 23rd with Nithya A. Ruff, Head of Amazon's Open Source Program Office, only on COSS Community!
- Tidelift, securing the software supply chain, announced their $33.5M Series C led by AEI HorizonX and Cisco. Link
- NebulaGraph, a distributed graph database, announced tens of millions in Series A funding led by Jeneration Capital. Link
- Arpeggi Labs, a web3 music platform, announced their $5.1M Seed led by a16z. Link
- Centricity, an Indian wealth management platform, announced their $4M Pre-Seed led by the Burman family office. Link
Emad: "This is very correct. Attention-based models and other new architectures are about to go mainstream faster than Pokémon Go. @StabilityAI and a few others are the picks and shovels of one of the biggest and fastest value shifts we will ever see. Lots more to come... https://t.co/RkIE8vtKoM" Link
Emad: "Open source means we make the plans available so anyone can build the house and improve on them. Actually building a good house is valuable and a service people pay for." Link
Larry Augustin: "Sam Ramji delves into the world of Open Source, Open Data, and AI Native applications in an article on https://t.co/qNeKw1ZZaZ inspired by our discussion on his podcast. https://t.co/pwwgDhSvvA @sramji #ainative https://t.co/2iampK4CCc" Link
W4 Games: "We're happy to announce that @W4Games has raised US$ 8.5M as seed funding to accelerate the development of products and services for #GodotEngine users! The round was led by @OSSCapital and @Lux_Capital, and was joined by @CaretakerBob and @SisuVentures. https://t.co/q75hTvrJc2" Link
JJ 🇺🇦: "COSS emerging in Israel 🇮🇱 (then scaling globally) is a rising trend. I completely failed to invest in any of these (saw most pre-incorporation / pre-seed): @appwrite @amplication @novuhq @lakeFS @dragonflydbio @bitdev_ @xscode1 @envZero @salto_io @permit_io @cloudqueryio +++ 👏🏼" Link
Andrew Prifer: "I've been promising people a #threejs editor with animation support for more than a year. This is it! 🎉 We are releasing this week. Has all the features my old react-three-editable library had, and much, much more. I'm incredibly excited. #animation #webdev https://t.co/7SUppj446L" Link
JJ 🇺🇦: ""If you care about the reality of goodness instead of the perception of it, philanthropy is extremely difficult... SpaceX, Tesla, Neuralink, Boring Company are philanthropy." - @elonmusk 🎯♥️🌏 Similarly, I also believe all COSS companies are a form of philanthropy. ✨ https://t.co/MZGW2VMAnR" Link
JJ 🇺🇦: "Later today, the @Ethereum PoS Merge will be the most significant event in the history of open source since the rise of Linux. Remarkably, this will also be the first time a decentralized P2P network affecting millions of humans + $100s of B in value will be upgraded, live." Link
JJ 🇺🇦: "🎯🎯🎯🎯🎯 "Open source is a marshmallow test for adults...In one year you'll be one year older. Won't you wish you'd invested in yourself, org, and real community instead of trusting all your data and tech to a single proprietary software vendor?" 🎯🎯🎯🎯🎯" Link
AppFlowy: "🥳 v0.0.5 is out - ✨Kanban Board like Notion and Trello (beta) is included in this release✨ 🎯 Boards are the best way to manage projects & tasks. Use them to group your databases by select, multi-select, and checkbox. 🔗 Download -> https://t.co/1yiROx1LN6 https://t.co/yiFNIXgCnh" Link
OpenBB 🦋: ""The day I put Gamestonk Terminal (now #OpenBB Terminal) live on GitHub, is a day that I will never forget." https://t.co/td3qrht9dD Sharing this journey with you has been truly grateful, thank you everyone.🦋" Link
Peer Richelsen 🗓🍊: "I think i'll write a blog post about "AppFra" app-first infrastructure -- essentially startups that build a consumer-facing app (like @calcom) but the business model is then selling the underlying infrastructure to enterprise" Link
JJ 🇺🇦: ".@spacedriveapp has collected 14K stars in just few months and hasn't even launched. Signup for the waitlist! The world is demanding platform-neutral empowerment over our most personal and critical asset: our data." Link
JJ 🇺🇦: "It is catastrophically revealing of vulnerability that Adobe paid >10% of their market cap to buy Figma. 🤣 Open source transformation is coming to the creative/design software category faster than ever now... @StableDiffusion @theatre_js @penpotapp @tldraw @godotengine 👀 ✨" Link
Pablo Ruiz-Múzquiz: "OK, so I know that Figma's acquisition by Adobe is making people feel KO in so many ways, but at\
@penpotapp we're experiencing quite a reverse effect. And we're not seeing any signs of plateauing at all! Check spike in SaaS signups and platform activity (create_file event) 🤯🤯🤯" Link
- 7,108 jobs and 241 companies hiring! Link
- Juan Linietsky: "Today @W4Games has opened some positions. The company is looking for more developers to work on console ports. If you have some experience in consoles (if not, operating-system level APIs is still good) and/or experience with Godot, feel free to apply! https://t.co/6Nmzx00xHb" Link
$COSS markets down 7.56% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.