This is the first release of Elixir after the Nubank acquisition of the parent company - http://blog.plataformatec.com.br/2020/01/important-informati...
In terms of development, however, it is more of a shared custody by many community members and companies. For example, Elixir Core Team has 6 developers and only one of them was employed by Plataformatec (me).
So I would describe Plataformatec as an incubator. Elixir wouldn't exist without their support but even back in 2013/2014 we already had other companies investing in the language and the ecosystem. An investment which has grown over the last years. Plus, I am still directly involved in the same capacity as always, as this release shows. :)
Being on average 10x faster at the same kinds of tasks than Ruby is, also helps, of course >..<
I thought it was the talent.