Runa Capital, the Russian venture capital firm with global investment ambitions, has closed funding for its second fund - Runa Capital II - which came in at $135 million. That's the same size as the first fund the VC firm raised, which means Runa Capital now has over $270 million under management.
Runa Capital, which has offices in Moscow but also in London and San Francisco, will focus on Series A, B and growth investments in technology companies with global aspirations.
In terms of verticals, Runa's focus is on cloud-based software for SMBs, the education sector, financial and public services and digital health.
Runa's already made 13 investments out of its second fund, which it started raising back in 2014. Its portfolio includes the likes of NGINX, MariaDB, Zopa, Ecwid, Mendio and Brainly.
Runa was founded by managing partner Dmitry Chikhachev and senior partners Ilya Zubarev and Russian-Singaporean entrepreneur Serguei Beloussov (Acronis, Parallels/Odin).
Investors in the second fund are a mix of backers of its maiden fund and a range of new LPs, but Runa Capital declined to share a list of names with tech.eu.