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

Qualcomm agreed to acquire Modular for nearly $4 billion, while Cursor quietly acquired open-source coding assistant Continue and Elastic acquired AI SRE startup Deductive AI for up to $85 million. DeepSeek closed over $7 billion in funding, Timefold raised a $13M Series A, and Moonshot AI reportedly sought a $30 billion valuation. Sentient Foundation committed $42 million to advance open-source AGI, Daytona announced it is going closed source, Vercel launched an open-source agentic framework, Zilliz launched Vector Lakebase, Upbound open-sourced Modelplane, and ClickHouse announced Silk.

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