Runa Capital
33 Bd Prince Henri, Luxembourg City, L-1724, Luxembourg
Overview
Runa Capital is a technology-focused venture capital firm managing two funds – Runa I was launched with $135M in 2010 and has made 33 investments, Runa II of $135M was launched in 2014 and has made 30 investmerns and Runa III was started in 2019 and is in active investment stage right now. The fund was established to seek early stage opportunities in the rapidly growing tech sector, with the specific focus on deeptech (AI, ML, open-source), future of computing, fintech infrastructure and enterprise software. Runa brings a team with extensive operational experience and is focused on finding growth businesses that generate revenues, supporting them in the global marketplace and turning them into international champions. Founded by Ilya Zubarev, Serg Bell (founders of Parallels and Acronis) and Dmitry Chikhachev (Ericsson, Ritzio, Uvenco) Runa Capital is run by a team of successful entrepreneurs, most of whom have worked together for over 15 years. It is a united team with broad geographical and cross-industry experience, as well as an extensive professional network. Runa Capital investment team members possess an excellent track record in tech investments.
- Total investments
- 108
- Lead investments
- 60
- Investments · 12mo
- 2
- Active investors
- 9
Sector focus
- Artificial Intelligence (AI)
- Enterprise Software
- Finance
- FinTech
- Machine Learning
- Open Source
- Quantum Computing
- SaaS
Investment portfolio
- Axiom Trust
Participated · Equity · Mar 2026
Axiom Trust Company combines a regulated retail trust charter with an AI-powered software platform to modernize how trusts and estates are administered amid the $100 trillion ‘Great Wealth Transfer.’ Its system parses legal documents, normalizes data, monitors compliance, and produces decision packages that give fiduciaries a clear audit trail for actions such as beneficiary distributions. By off-loading administrative drudgery to AI, the firm allows professional trustees to focus on judgment and client service while offering families faster, more transparent, and more accountable stewardship. The platform is positioned between legacy high-touch trust departments that rely on 1990s systems and newer software-only tools that lack fiduciary accountability. Early use cases include complex family situations, special-needs trusts, and contested estates where documentation rigor is critical. The company has raised $11.8 million in venture funding to build out its infrastructure and scale service delivery. No revenue or user metrics were disclosed in the launch announcement.
- Enlightra
Participated · Equity · Dec 2025
Enlightra is a deep-tech startup building patented multi-colour comb-laser platforms intended to replace power-hungry copper links in AI clusters and data centres with energy-efficient optical communication. Its integrated lasers consolidate many discrete sources into a single chip, with each wavelength acting as an independent data channel, dramatically shrinking power consumption, cost, and physical footprint. Built on industry-standard silicon-photonics processes, the company has already demonstrated 8- and 16-channel devices that achieve error-free data transmission at target speeds and power levels. Enlightra plans pilot production for 2027 and ultimately envisions its technology scaling from GPU-to-GPU links to whole-data-centre networks, subsea cables, and even quantum or space communications. By enabling fibre networks to run closer to full capacity, the platform aims to decouple performance growth from energy and cost increases in AI infrastructure. The fresh capital will fund continued R&D to boost data-transfer rates and efficiency while preparing the lasers for large-scale manufacturing.
- Sydecar
Participated · Series A · Jan 2025
Sydecar automates banking, compliance, contracts and reporting to help venture fund and syndicate managers launch and operate SPVs and funds. The platform simplifies onboarding and the user experience for GPs and LPs and streamlines investor management, deal tracking and communications. Customers can launch an investment vehicle in a matter of hours, and Sydecar automates ongoing administration to increase compliance and reduce administrative burden. The company plans to use the new funding to expand its product suite, reach new customers and scale distribution through channel partners. Sydecar has doubled year-over-year revenue for the past two years and has surpassed $1.6B in assets under administration. Founded in 2021, the company positions itself as infrastructure that powers private markets. Sydecar provides a platform that allows investors to launch investment vehicles and navigate the regulatory challenges of venture investing. The platform automates back-office operations including banking, compliance, contracts, and reporting to remove operational burdens for emerging venture investors. Led by Founder & CEO Nik Talreja and CBO David Meister, Sydecar has supported deals ranging from $25k to $100M for thousands of investors. The company recently closed an $8.3M Seed funding round and intends to use the proceeds to hire across product and engineering, customer experience, marketing, and operations. Sydecar is based in San Francisco, CA. The planned hires and capital are aimed at expanding product and operational capacity to better serve emerging venture investors.
- Ubitium
Led · Seed · Nov 2024
Ubitium is building a universal RISC-V processor architecture that unifies the functions of CPUs, GPUs and other specialised chips into a single workload-agnostic design. The company says this approach will enable AI capabilities in embedded devices without added hardware cost, simplifying development and manufacturing. Ubitium plans to offer a portfolio of chips unified by a single software stack, with commercial chips slated for release by 2026. The architecture is based on 15 years of research by CTO Martin Vorbach, who holds over 200 patents, and is intended to scale from small embedded devices to high-performance systems. The startup is based in Düsseldorf, Germany, and Cupertino, California, and has secured $3.7M in seed funding to build prototypes and development kits.
- Twenty
Led · Seed · Nov 2024
Twenty develops an open-source CRM designed for enterprises that require heavy customization of data sources, workflows, AI models, hybrid deployment, and security. Its core product is an extendable CRM suite distributed as open source, aimed at offering an alternative to closed-source incumbents. The company emphasizes community-driven development and already has over 280 active contributors to its repository. Leadership says the product targets customers who want to own and differentiate their CRM end-to-end rather than use off-the-shelf solutions. Twenty plans to use new funding to grow its open-source community, further develop the product, and deploy the platform with enterprise clients. The company recently closed a financing round to support those efforts.