Having new initiatives in this space is always good. There was a blog post on OpenCollective about this as well [1].
The about-page specifically calls out that 'Deep dependencies are not receiving financial support' - which is a very hard problem to solve. So I'm happy that there are more and more people looking into this.
Having said that - within the Python ecosystems, both boto3 (AWS) and azure-sdk-for-python are receiving funding [2]? I don't know what approach they take in determining which projects receive funding, but I assume that still needs some (manual) fine-tuning.
[1] https://opencollective.com/opensource/updates/ecosystem-fund...