# COSS Weekly: Timefold raises $13M, Continue.dev acquired by Cursor, Modular acquired by Qualcomm, and more

> Source: <https://dev.to/sabirchinstrap/coss-weekly-timefold-raises-13m-continuedev-acquired-by-cursor-modular-acquired-by-qualcomm-2nan>
> Published: 2026-06-30 07:00:00+00:00

This week in COSS: The acquisition trend continued as Qualcomm agreed to acquire Modular for nearly $4 billion, Cursor quietly acquired open-source coding assistant Continue, and Elastic acquired AI SRE startup Deductive AI for up to $85 million.

In funding news, DeepSeek closed over $7 billion in funding, Timefold raised a $13M Series A for its scheduling optimization platform, and Moonshot AI has reportedly sought a $30 billion valuation in new funding talks.

In other announcements, Sentient Foundation committed $42 million to advance open-source AGI, Daytona announced it is going closed source, Vercel launched eve (an open-source agentic framework), Zilliz launched Vector Lakebase, Upbound open-sourced Modelplane (a control plane for AI inference), Bluesky COO Rose Wang discussed AI and the company's open-source approach, and ClickHouse announced Silk, a new fiber runtime.

We also feature the following companies in Cossmology: ArcadeDB, Proton, HitKeep, Passbolt, Nirmata, Paper Compute Co., Plastic Labs, DuckLabs, Blacksky Algorithms, and Earendil Works.

**Companies mentioned:** [Continue](https://cossmology.com/organizations/continue)

*Announcement · The New Stack*

**Companies mentioned:** [Upbound](https://cossmology.com/organizations/upbound)

*Announcement · Modelplane Blog*

**Companies mentioned:** [Bluesky](https://cossmology.com/organizations/bluesky)

*Media Mention · Metro*

**Companies mentioned:** [DeepSeek](https://cossmology.com/organizations/deepseek)

*Funding · The Next Web*

**Companies mentioned:** [Elastic](https://cossmology.com/organizations/elastic)

*Announcement · SiliconANGLE*

**Companies mentioned:** [Vercel](https://cossmology.com/organizations/vercel)

*Announcement · The New Stack*

**Companies mentioned:** [Zilliz](https://cossmology.com/organizations/zilliz)

*Announcement · Zilliz Newsroom*

**Companies mentioned:** [Daytona](https://cossmology.com/organizations/daytona)

*Announcement · daytona.io*

**Companies mentioned:** [Modular](https://cossmology.com/organizations/modular)

*Announcement · Modular Blog*

**Companies mentioned:** [Modular](https://cossmology.com/organizations/modular)

*Announcement · WIRED*

**Companies mentioned:** [ClickHouse](https://cossmology.com/organizations/clickhouse)

*Announcement · ClickHouse Blog*

**Companies mentioned:** [Timefold](https://cossmology.com/organizations/timefold)

*Funding · Timefold Blog*

**Companies mentioned:** [Moonshot AI](https://cossmology.com/organizations/moonshot-ai)

*OSS News & Views · Bloomberg*

**Companies mentioned:** [Sentient Foundation](https://cossmology.com/organizations/sentient-foundation)

*Announcement · Sentient Foundation News*

Open-source multi-model database supporting graphs, documents, key-value, time-series, and vectors in a single engine.

Open-source encrypted privacy suite

Privacy-first open-source web analytics

Open source password manager for teams

Kubernetes policy-as-code governance

AI agent telemetry and runtime infra

Open-source memory infra for AI agents

Enterprise support for DuckDB & DuckLake

Decentralized community infrastructure platform

Open source AI coding agent toolkit