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Flipboard acquires open social web startup Graze

The deal aims to scale Graze's contextual advertising and feed-building technology across decentralized platforms.

The short version

  • Flipboard has acquired Graze, a Portland-based startup that provides tools for building and monetizing feeds on the open social web.
  • Graze's two-person team will join Flipboard, where their technology will be integrated to help creators build, tune, and monetize feeds across the AT Protocol and other platforms.
  • The acquisition terms and financial details of the transaction were not disclosed.

Key facts

  • Flipboard announced its acquisition of Graze, a startup focused on building, customizing, and managing feeds running on Bluesky's AT Protocol.[TechCrunch]
  • Over 21 months of operation, Graze states it has delivered more than 41 billion posts to approximately 12 million people.[TechCrunch · Hacker News]
  • Graze utilizes a contextual advertising model rather than tracking user behavior across the web, sharing 70% of ad revenue with feed creators and keeping 30%.[TechCrunch]
  • Prior to the acquisition, Flipboard was already utilizing Graze's technology in its Surf app.[TechCrunch]
  • Following the merger, Flipboard plans to expand Graze's feed-building and monetization technology beyond Bluesky to all applications running on the AT Protocol.[TechCrunch]
  • Graze had raised $1 million at the start of 2025 and employs a team of two people.[TechCrunch]

What remains uncertain

  • The precise financial terms and purchase price of the acquisition have not been publicly disclosed.[TechCrunch]

Sources