COSS Weekly: Supabase achieves $10B valuation, DeepSeek eyes $7B funding round, Martin Scorsese joins Black Forest Labs, and more

Published: (June 8, 2026 at 01:30 PM EDT)
3 min read
Source: Dev.to

Source: Dev.to

This week in COSS: Supabase raised a $500M Series F at a $10B valuation led by GIC, DeepSeek is set to raise $7.4B in its first funding round from investors including Tencent and CATL, and Martin Scorsese (yes, that Martin Scorsese) signed on as partner and adviser to AI image-generation startup Black Forest Labs. Other highlights include the Fivetran and dbt Labs merger completion, Neo4j’s acquisition of GraphAware, Harness acquiring Codecov from Sentry, and funding chatter for Baseten ($1B at $11B valuation), Socket ($60M Series C), Zyphra ($500M), and Chai Discovery ($400M). We also feature the following companies in Cossmology: SpectorOps, Tremor, Cua, Tyk, dstack, Maxim AI, Malak, Scira, Plunk, and Stella. Inference Firm Baseten Eyes Funding Round at $11 Billion Valuation

Companies mentioned: Baseten Funding · PYMNTS Harness Acquires Codecov from Sentry to Strengthen Software Delivery Governance in the AI Era | Harness Press

Companies mentioned: Harness Announcement · Harness Press Mistral CEO Says the Pope’s Comments Are a Big Problem for Europe’s War on American Tech

Companies mentioned: Mistral AI OSS News & Views · Gizmodo Artificial Intelligence Lab Zyphra Raising $500 Million To Challenge Nvidia Dominance

Companies mentioned: Zyphra Funding · Forbes DeepSeek slated to draw $7 billion in maiden fundraising, sources say

Companies mentioned: DeepSeek OSS News & Views · Reuters Automattic’s CMS empire shows cracks as WordPress share falls

Companies mentioned: Automattic OSS News & Views · The Register Fivetran + dbt Labs Complete Merger to Create the Data Infrastructure for Trusted AI Agents

Companies mentioned: dbt Labs Announcement · dbt Labs Blog Neo4j Acquires GraphAware to Launch Intelligence Analysis Alternative to Palantir Gotham

Companies mentioned: Neo4j Announcement · Neo4j Supabase Series F

Companies mentioned: Supabase Funding · Supabase Blog Bluesky embraces long-form content to counter X Articles

Companies mentioned: Bluesky Announcement · TechCrunch Martin Scorsese becomes the latest — and most unlikely — Hollywood voice for AI

Companies mentioned: Black Forest Labs Announcement · TechCrunch Why Pfizer And Eli Lilly Are Betting On This $1.3 Billion AI Drug Discovery Startup

Companies mentioned: Chai Discovery OSS News & Views · Forbes Socket raises $60M Series C at $1B valuation led by Thrive Capital to secure AI-driven software development

Companies mentioned: Socket Funding · Socket Blog Stability AI releases a new audio model that can create 6-minute songs

Companies mentioned: Stability AI Announcement · TechCrunch More COSS Headlines → Maxim AI

Creator of Bitfrost, an AI gateway platform dstack

Open-source control plane for AI infra Stella

Opensource legal workspace Malak

Open-source investor relations hub Scira

Open-source AI-powered research agent Plunk

Open-source email platform for SaaS SpecterOps

Identity attack path management solutions Tyk

Open-source full lifecycle API management Cua

Open-source computer-use agent platform Tremor

React components for charts and dashboards More COSS Companies →

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