from russia with love

Moscow-based Runa Capital to invest up to $200 million in European startups

Runa Capital, a Moscow-based global tech-focused venture capital firm, announced yesterday the first closing of its new fund, Runa Capital II. With a target size of $200 million, the firm will continue investing in tech-based companies worldwide, focusing especially on Europe. The amount of the first closing has not been disclosed.

Ecwid-CEO

Web store builder Ecwid secures $1.5M in funding

Russia has been a bit of a rough neighborhood for tech startups, but a Ulyanovsk-based startup called Ecwid just received $1.5 million in its first round of funding from Runa Capital, the first serious angel investment group in Russia. Ecwid builds seamlessly integrated online stores for any website or social media page.