By ET Bureau - May 07, 2020 1 Mins Read
Venture Capital Fund Runa Capital has closed funding worth $157 million. The fund will be looking to invest in innovative deeptech startups across both Europe and the US. The VC fund invests in cloud infrastructure, open-source software, AI and machine intelligence, and B2B SaaS.
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Runa Capital typically invests between $1m and $10m in early-stage companies, predominantly Series A rounds. It plans to invest the newly raised funds in innovative deeptech startups across both Europe and the US.
Source: https://venturebeat.com/2020/05/06/runa-capital-raises-157-million-to-back-ai-and-deep-tech-startups/
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