Runa Capital’s $30m Russian Startup Fund Aims To Build Bridges With Europe And U.S.

Runa Capital , a new Russian VC firm, has launched today with a $30m seed fund for early-stage Russian technology startups . It's founded by Serguei Beloussov, chairman of Parallels and Acronis and will be advised by Alexander Galitsky of Almaz Capital Partners . In particular the new fund will target the "rapid growth tech sectors" of cloud computing, machine learning, virtualisation and mobile/Internet applications, with the aim of helping local startups focused on these areas to "grow and compete at a global level". The companies that Runa Capital invests in will also be supported by the Runapark business incubator. Interestingly, the fund is also offering investors from the U.S. and elsewhere in Europe, opportunities to share expertise and co-invest in order to tap the potential of the Russian early-stage technology sector.