Open source projects draw equity-free funding from corporates, startups, and even VCs

A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read more: https://techcrunch.com/2024/11/10/open-source-projects-draw-equity-free-funding-from-corporates-startups-and-even-vcs/

#Tech #Technology #Innovation #TechNews