they have been funded by grants from NLnet (I think from EU funds?) but I think are transitioning to donation-based.
Hexbear.net poster who wanted in on the action
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Cake day: April 4th, 2022
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lemmy.world is run by the same people as mastodon.world and it is already donation funded. They post financial updates on their blog: https://blog.mastodon.world/