Rune Energy
Rune builds RELIC (Renewable Energy Linked Intelligent Compute), a modular DC-native compute system installed at renewable generation sites. It runs GPUs on clipped or curtailed electricity, with no grid connection or site construction needed. Customers are AI compute buyers, and renewable plant owners get a new way to earn from surplus power. In September 2026 it raised a $40M Series A led by Spark Capital, with Union Square Ventures and Lowercarbon Capital participating, bringing total funding to about $53.5M. It also announced a RELIC deployment at a 200 MW solar facility in Texas.
Funding
Every round, secondary, debt facility or acquisition involving Rune Energy that AI Lounge tracks, newest first. Latest: Series A on Sep 16, 2026.
Timeline · 2
In the news
Members see every AI company on AI Lounge with revenue, funding, valuation and investors, searchable and sortable, free.
Create my free account →Log in