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Rune secures $40 million in Series A funding to launch RELIC, its innovative solar-powered data center. Spark Capital leads the round with participation from several key investors.

PRIVATESep 16, 2026about 3 hours ago

Amount Raised

$40 Million

Round Type

Series A

VirginiaInformation TechnologySoftware

Investors

Logos FundTimeless PartnersCommitted CapitalActivate CapitalLowercarbon CapitalUnion Square VenturesSpark Capital

Description

Rune has introduced RELIC, a modular compute system that utilizes solar energy at generation sites. The launch is backed by a $40 million Series A funding round. Spark Capital leads this investment, showcasing confidence in Rune's innovative approach to optimize energy use. Other notable investors include Union Square Ventures and Lowercarbon Capital.

Company Information

Company

Rune

Location

Virginia, United States

About

Rune is a defense tech startup that develops software to help the military manage field logistics more efficiently. Founded by former employees of Anduril, it focuses on automating and predicting supply needs using its proprietary software, TyrOS. The platform is designed to address the unique challenges of military operations, particularly in environments with limited communication. Rune aims to modernize military capabilities through innovative technology solutions.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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