

Founded: 2010
Focus: Early-stage deep tech, enterprise software, fintech infrastructure
Typical first check: $0.5M–$5M
Recent fund: Fund IV closed at $116M (Oct 9, 2024)
Footprint: HQ in Luxembourg; offices in San Francisco, London, Berlin, Sofia; 100+ portfolio companies
Early-stage funding gap for deep tech and enterprise software startups.
2010
Venture capital
$135M
Reported initial fund size for Runa I.
$135M
Reported second fund of similar size to Fund I.
$157M
Final close reported in 2020.
$116M
Firm announcement of Fund IV close; initial close noted in 2022.
“LP base has included portfolio company founders alongside global, tech‑savvy limited partners; Fund IV raised with new investors worldwide.”