It should be noted that development has been getting up in gear again mostly by Igalia after some external funding.
https://en.wikipedia.org/wiki/Igalia
https://people.igalia.com/mrego/servo/igalia-servo-tsc-2022/
Seemingly, they are funding this work themselves, probably from income from the consultancy.
Edit: Also, seems Igalia received public funding, the latest one in 2022. In Spanish: https://www.igalia.com/public-funding-projects/public-fundin...