Rune
Palo Alto, United States
◆ Total Raised
$40M
◆ Stage
series-a
◆ Location
Palo Alto, United States
◆ Founded
2023
◆ Team size
1-10
◆ Links
◆ About Rune
Rune develops RELIC, a modular compute system that installs directly at solar generation sites to convert curtailed and wasted solar power into AI compute.
◆ What sets it apart
It deploys modular compute systems directly at renewable generation sites, converting wasted solar and wind energy into compute without requiring traditional grid interconnection.
◆ Sectors
◆ Business
Modelhardware
Customersolar and wind power plant operators, and customers needing low-cost AI compute capacity
◆ Notable
- Unveiled RELIC, a modular compute system for solar generation sites
- Raised $40M in new funding
- Backed by Spark Capital, Union Square Ventures, Lowercarbon Capital, Activate Capital, and Vestas Ventures
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Rune do?
Rune develops RELIC, a modular compute system that installs directly at solar generation sites to convert curtailed and wasted solar power into AI compute.
Where is Rune based?
Rune is based in Palo Alto, United States, founded in 2023.
How much has Rune raised?
Rune has raised $40M in tracked funding and is currently at the series-a stage.
Who has invested in Rune?
Investors in Rune include Spark Capital, Union Square Ventures, Lowercarbon Capital, Activate Capital, Vestas Ventures, Timeless Partners and Logos Fund.