# Runa Capital

> Runa Capital is a VC fund in Palo Alto backing Software and SaaS. See 152 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Palo Alto, United States
- Total investments: 152
- Last investment: Mar 2026
- Lead investor: 46%
- Fund size: $69M
- Last fund: May 2020
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/runa-capital
- X (Twitter): http://twitter.com/runacapital
- Website: http://www.runacap.com
- Facebook: http://www.facebook.com/runacapital

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 stageopportunities 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.

## Contacts

5 contacts available for Runa Capital. Shizune tracks 9 team members at Runa Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/runa-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$10M |
| Series A | $1.5M–$15M |
| Series B | $2.5M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 44 | 29% |
| SaaS | 22 | 14% |
| Artificial Intelligence | 18 | 12% |
| FinTech | 17 | 11% |
| Financial Services | 17 | 11% |

158 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 44 | 29% |
| Seed | 42 | 28% |
| Series B | 19 | 13% |
| Funding Round | 12 | 8% |
| Pre-Seed | 8 | 5% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 46 | 30% |
| Germany | 12 | 8% |
| France | 10 | 7% |
| United Kingdom | 10 | 7% |
| Russian Federation | 8 | 5% |

19 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Andre Bliznyuk | General Partner | 39 | https://shizune.co/investors/profile/andre-bliznyuk-2 |
| Bogdan Semenov | Data Analyst | 0 | https://shizune.co/investors/profile/bogdan-semenov |
| Dmitry Galperin | General Partner | 20 | https://shizune.co/investors/profile/dmitry-galperin |
| Ilya Zubarev | Co-Chairman & Co-founder | 0 | https://shizune.co/investors/profile/ilya-zubarev |
| Konstantin Vinogradov | General Partner | 11 | https://shizune.co/investors/profile/konstantin-vinogradov |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Axiom Trust | Axiom Trust is an AI-powered trust startup that modernises professional trust administration during the "Great Wealth Transfer" of over $100 trillion in assets. | $11.8M | Seed | Mar 09, 2026 |  |
| Enlightra | Enlightra develops photonics technology that helps in extreme-bandwidth data transmission. | $15M | Seed | Dec 18, 2025 |  |
| Lace Lithography | Lace Lithography develops chip patterning technology, aiming to extend Moore's Law and enable future chip production. | $40M | Series A | Dec 04, 2025 |  |
| Akhetonics | Akhetonics is a photonic computing company building all-optical processors for ultra-fast AI and high-performance computing. It is a deep-tech semiconductor company focused on photonic (light-based) computing hardware. It develops all-optical processors designed to accelerate AI, reasoning, and complex computational workloads. The company aims todeliver ultra-fast, energy-efficient computing beyond traditional electronic chips. | $6.3M | Seed | Nov 28, 2024 |  |
| Ubitium | Ubiquitous computing, universal RISC-V microprocessor | $3.7M | Seed | Nov 21, 2024 |  |
| Sydecar | Sydecar builds tools that remove the headache of organizing private investments -- so you can focus on making deals, not spreadsheets. Their lightweight, powerful technology helps you to manage subscription docs, compliance, banking, tax reporting, and admin for all of your deals, of any size, in one place. | $11M | Series A | Nov 20, 2024 |  |
| Twenty | Twenty builds the modern salesforce, powered by the open source community. | $5M | Seed | Nov 19, 2024 |  |
| Twenty (YC S23) | Building a better Salesforce, powered by the Open Source community. | $5M | Seed | Nov 18, 2024 |  |
| Keep | Keep is an open-source alerting tool for developers. | $2.7M | Pre-Seed | Oct 16, 2024 |  |
| Keep | Keep is an open-source alerting tool for developers. | $2.7M | Pre-Seed | Oct 16, 2024 |  |

10 of 152 investments shown.

## Co-investors
- [Point Nine](https://shizune.co/investors/profile/point-nine-capital) — VC Fund, 11 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 9 deals together
- [Quantonation](https://shizune.co/investors/profile/quantonation) — VC Fund, 6 deals together
- [Almaz Capital](https://shizune.co/investors/profile/almaz-capital) — VC Fund, 5 deals together
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund, 5 deals together
- [Liquid 2 Ventures](https://shizune.co/investors/profile/liquid2-ventures) — VC Fund, 5 deals together

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## FAQ

### What does Runa Capital invest in?

Runa Capital invests primarily in Software, SaaS and Artificial Intelligence startups, most often at Series A and Seed stage. Most of the 152 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Runa Capital's check size?

Runa Capital typically joins rounds of $1.1M–$10M at Seed, $1.5M–$15M at Series A and $2.5M–$20M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Runa Capital participates in.

### How do I contact Runa Capital?

Public channels for Runa Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Runa Capital?

The team at Runa Capital includes Andre Bliznyuk (General Partner), Bogdan Semenov (Data Analyst) and Dmitry Galperin (General Partner), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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