7th May
American international venture capital firm Runa Capital has announced a successful third round of funding. Fund III exceeded its target of £110 million by over £17 million to close at about £127 million ($157 million). The start-up financier was established by a team of serial entrepreneurs to invest in software businesses around the globe. Among the new investors in the company include current and previous founders of Brainly, Final, Nginx, Rocketbank and Ecwid. Runa primarily targets investments in early-stage start-ups for stakes valued at between £800,000 ($1 million) and £8 million ($10 million), usually Series A. The firm holds strategic
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Venture capital firm Runa Capital has just concluded its third round of funding.
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The start-up financier raised £127 million (($157 million), about £17 million above its target.
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Runa Capital is looking to use the additional capital to expand into quantum and “deep tech” startups.
