20 May 2016
Runa Capital Raises $135 mln in its Second Fund
Moscow, San Francisco. 17 May, 2016
International venture fund Runa Capital announced the final close of its second fund Runa Capital Fund II with total amount $135 million. As a result the fund will have $270 million under management.
The strategy of Runa Capital Fund II is mainly focused on A and B investments to companies in USA and Europe that have the ambition to gain the global market. Target industries for investments remain the same: complex software and cloud for SMB, education, public services, finance and health.
Dmitry Chikhachev, Managing Partner at Runa Capital, says:
“The new fund logically aligns with our past years development. When Runa Capital I was partly investing on early stage series now we are fully aiming to more mature companies whose technology have the potential to scale globally and gain significant share on high competitive markets.
Currently our main investments are directed to US and Europe, where we already have experience and business running. Our team consists of highly professional and devoted people that support entrepreneurs in building global tech companies. Our portfolio includes many companies that already succeeded and gained a significant market share such as NGINX, Zopa, LendingRobot, MariaDB, Ecwid etc. We’re always in search of new talents around the world and that’s the reason why we hire a team in relevant regions. Many partners of our fund work from offices in San Francisco and Miami in particular».
At the moment Runa Capital Fund II has made 13 investments, with total amount of 43 companies in portfolio. Runa Capital has offices in Moscow, London, San Francisco. In 2015 it has entered the top-3 biggest European funds list by Dow Jones Venture Source.