$235K does not seem like the amount of money needed to take on Adobe. At the very, very best this gets you 4 developers and an artist for a year, I don't see how that is enough to even compete with the numerous FOSS alternatives.

This is an artist wanting to make multiple high effort products. I wouldn't be surprised if there is some serious confusion about what it takes to develop software going on here.

I also don't think that having Adobe, but without subscriptions, is really the solution to the problem. There are already usable, if not good FOSS alternatives out there. Maybe building up those is more productive?