SparkToro Raised a Very Unusual Round of Funding & We're Open-Sourcing Our Docs - SparkToro

It’s actually open source software that's eating the world

At Lightspeed we’ve been investing aggressively in open source software (OSS) businesses for the past 10 years. Recently, we’ve seen a significant increase in entrepreneurs pitching open source startups, and we’ve also seen greater competition for these deals. We pulled together some numbers in an attempt to measure the acceleration in interest in and funding for OSS businesses in the last few years. The results were staggering even to us.

Ollama: all aboard open models· Ollama Blog

Serving 8.9 million developers, Ollama has raised $88M from Benchmark, Theory Ventures, 8VC, Y Combinator, and many incredible angel investors.

Breakout Ventures eyes neuroscience and AI with new fund

The venture capital firm has $114 million to invest

What I’ve learned over the past year funding open source

July 8 marks the 1 year birthday of CodeFund (previously Code Sponsor). It has been an amazing experience so far. I’ve met so many amazing…

Dealroom.co | Slushy Raises $10.2M in Seed Funding

Slushy, a Miami-based adult content platform, raised $10.2M in Seed funding from Mantis VC, Electric Feel Ventures, Jon Oringer, Sean Rad, Edison Chen, and Brooklyn Johnny. The funds will be used to expand operations and development efforts. Slushy, founded in 2020 by David Gross and Fred Spivock, has integrated AI tools and introduced a new feature, Perfect Match, inspired by dating apps. The platform has seen over 250,000 videos posted to date.

OpenAI creates new unit with $4 billion investment to aid corporate AI push

OpenAI said on Monday it is setting up a new company with more than $4 billion in initial investment ‌to help organizations build and deploy artificial intelligence systems, and ‌will acquire an AI consulting firm, Tomoro, to quickly scale up the unit. After its ​early models saw strong resonance with consumers, OpenAI has been working aggressively to sign corporate contracts and establish a large presence in the business world where its AI will see large-scale deployment. The new firm, called OpenAI Deployment Company, will help the ChatGPT maker embed engineers specializing in frontier AI deployment into ​organizations that ​will then work closely with various ​teams to identify where AI ‌can make the biggest impact, OpenAI said.

StratosFund (@stratosfund.at)

Funding for open source projects in the Atmosphere! Help bring your most requested features to life! stratosfund.at

Seed Round - Vylit - Crunchbase Funding Round Profile

Discover innovative companies and the people behind them.

Daniela Gabor on Twitter / X

news from AI bubble:OpenAI plans to borrow USD 4bn from private equity TPG/Bain Capital/ Brookfield Asset ​Management, at 17.5% interest, to embed OpenAI products in their 2,000+ portfolio companies. literally paying Wall Street to force its products on their firms pic.twitter.com/SUPPTsXBg6— Daniela Gabor (@DanielaGabor) May 7, 2026