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Runa Capital Ups It Fund To $50M For Early-Stage Russian Startups

February 3rd, 2011 02:49 admin Leave a comment Go to comments

Runa Capital logoRuna Capital, the Russian VC fund that launched in August last year, has announced that it’s increased its fund from 30 to $50 million.

Runa Capital’s mission is to back early-stage Russian and CIS-region technology companies so that they can compete globally, a vision that has attracted other investors both in Russia and globally (including the U.S.), says the VC firm, hence the increase in the size of the fund. Specifically, Runa targets startups in the “rapid growth tech sectors†of cloud computing, machine learning, virtualisation and mobile/Internet applications.

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Source: Runa Capital Ups It Fund To $50M For Early-Stage Russian Startups

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