Companies104 Funding$41.8B Rounds76 ▼1 mo Investors69 Eng roles4177 ● data fresh
VIX The Intelligent Venture Terminal beta

Rune

fresh

Rune

☆ Watch
fresh · evidence 9d ago 5 sources no confidence data
53.8/100
Venture signal
scored above 39% of unstaged peers stage unparsed
Outlook Stable
Why this score? ↓

What we have established three decisions, kept apart

  1. 1 Identity verified Not recorded

    No person- or entity-level identity check is on record for this company. A name match is not one.

  2. 2 Evidence sufficient to publish Yes

    The inclusion bar: two or more independent sourced evidence families. This profile is published and listed. It is a statement about how much evidence we hold, and about nothing else.

  3. 3 Fit for a seed/Series-A sourcing buyer Not established

    We have not established fit. That is not a soft no and not a soft yes — it is unknown, and it is never counted as a qualified prospect.

Funding
$40M
2026-09-16
Adoption
no signal
downloads / week
Developer
not scored
momentum / 100
Hiring
no board
eng openings
Commercial
not checked
homepage

Ecosystem

Derived connections from primary evidence — Form D officer rosters and shared lead investors. A shared name is a lead, not proof of identity.

investor spark capital → Baseten

Traction

Current round

Opportunity & risk

↗ Strongest signal: funding_recency (18% of the score).

↓ Scored on 2 of 4 components — adoption, developer had no computable metric.

2 independent sources 0 promoted signals inspect the evidence →

Evaluation

How it's evaluated Four independent layers ▾

No single number decides. Layers can disagree — that's the point. New to this? →

Platform score derived
54/100
Founder self-assessment claimed
4/100
Investor ratings opinion
—
Expert ratings opinion
—
Rate this company Investor or expert role required ▾
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Technology No signals collected yet ▾
No technology data yet. This category is part of the record and will populate as evidence is collected or the founder provides it.
Team & hiring No signals collected yet ▾
No team & hiring data yet. This category is part of the record and will populate as evidence is collected or the founder provides it.
Market & funding stage 1 of 3 signals present ▾
Funding stage
not provided
Lifecycle stage
not provided
Latest round stage
unknown observed
Timeline 1 events ▾
  1. 2026-09-16 unknown · $40M · Led by Spark Capital

Evidence & scoring

Why this score? none_required ▾

VentureSignalScore 53.8/100 for rune, composed from 2 of 4 components (emerging formula), discounted ×0.85 for 50% signal coverage

ComponentWeightNormalizedContribution
funding_recency 0.2 0.9225 0.1845
funding_magnitude 0.3 0.4408 0.1322

Evidence this score rests on

Narrative vs. reality No SEC filing found for this round

Reported narrative · Tier 2
$40M unknown
announced 2026-09-16 · source ↗
Filed reality · Tier 0 · SEC
No SEC Form D on record.

An evidence gap, not proof of falsity: Form D is not always required (foreign offerings, certain exemptions) or may not be filed yet.

Financing events four different events, four different dates

A first sale, a filing, an amendment and a public announcement are not the same event, and one date may not stand in for another. Where the latest financing date cannot be established from what we hold, this says unknown rather than substituting a date we do have.

Latest established financing date
2026-09-16
Money moved on or after
2026-09-16
Total reported by
not established
Basis
reported round

A reported round dated 2026-09-16 by its own source.

Counterparty exposure shared-investor contagion

Companies coupled to this one by a shared investor — if a common backer pulls back or a fund hits trouble, the shock propagates across the set. More shared investors = tighter coupling.

Baseten 1 shared spark-capital
Raw observations 83 records ▾
AttributeValueKindSourceObservedStateConf.
common_name Rune observed artifact ↗ 2026-09-28 normalized 0.90
community.hn.max_points 471 observed artifact ↗ 2026-09-30 superseded 0.20
community.hn.max_points 0 observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.mentions 50 observed artifact ↗ 2026-09-30 superseded 0.20
community.hn.mentions 0 observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.rumors [{"url": "https://news.ycombinator.com/item?id=28445730", "title": "Runelite HD has been shutdown by Jagex right before release", "points": 4, "created_at": "2021-09-07", "evidence_type": "rumor", "ve observed artifact ↗ 2021-09-07 superseded 0.20
community.hn.rumors [] observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.top_story {"url": "https://news.ycombinator.com/item?id=37584224", "title": "Svelte 5: Runes", "points": 471, "created_at": "2023-09-20"} observed artifact ↗ 2023-09-20 superseded 0.20
community.hn.top_story {} observed artifact ↗ 2026-10-08 normalized 0.20
funding.round.amount_usd 40000000 observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.announced_on 2026-09-16 observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.lead_investors ["Spark Capital"] observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.source_url https://siliconangle.com/2026/09/16/rune-raises-40m-for-its-modular-solar-powered-data-centers/ observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.stage unknown observed artifact ↗ 2026-09-16 normalized 0.90
metric.venture.funding_amount_usd 40000000 derived calc 2026-09-28 derived 0.90
metric.venture.funding_recency_days 12.9753 derived calc 2026-09-28 superseded 0.90
metric.venture.funding_recency_days 14.6507 derived calc 2026-09-30 superseded 0.90
metric.venture.funding_recency_days 14.7066 derived calc 2026-09-30 superseded 0.90
metric.venture.funding_recency_days 15.3434 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.3827 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.4732 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.6275 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.7185 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.7855 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 22.8891 derived calc 2026-10-08 superseded 0.90
metric.venture.funding_recency_days 23.3095 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.5594 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.8509 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.9514 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 24.0382 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.1263 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.2135 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.3072 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.4185 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.512 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.6034 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.6908 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.7796 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.8338 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.9216 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 25.0212 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1081 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1086 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1398 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.2216 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.3224 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.3781 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.4184 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.5077 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.5976 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.687 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.7772 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.869 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.9585 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 26.0402 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 26.093 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 26.1369 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 26.2089 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 26.9924 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 27.0407 derived calc 2026-10-13 superseded 0.90
metric.venture.funding_recency_days 27.0943 derived calc 2026-10-13 superseded 0.90
metric.venture.funding_recency_days 27.1843 derived calc 2026-10-13 superseded 0.90
metric.venture.funding_recency_days 27.1848 derived calc 2026-10-13 superseded 0.90
metric.venture.funding_recency_days 27.2748 derived calc 2026-10-13 superseded 0.90
metric.venture.funding_recency_days 28.2877 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.3787 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.4697 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.5792 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.6742 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.7714 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.8665 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 28.9617 derived calc 2026-10-14 superseded 0.90
metric.venture.funding_recency_days 29.0589 derived calc 2026-10-15 derived 0.90
score.venture_signal 55.3 derived calc 2026-09-28 superseded 0.60
score.venture_signal 55.1 derived calc 2026-09-30 superseded 0.60
score.venture_signal 55 derived calc 2026-10-01 superseded 0.60
score.venture_signal 54.3 derived calc 2026-10-08 superseded 0.60
score.venture_signal 54.2 derived calc 2026-10-10 superseded 0.60
score.venture_signal 54.1 derived calc 2026-10-11 superseded 0.60
score.venture_signal 54 derived calc 2026-10-12 superseded 0.60
score.venture_signal 53.9 derived calc 2026-10-13 superseded 0.60
score.venture_signal 53.8 derived calc 2026-10-14 derived 0.60
sector emerging derived calc 2026-10-01 normalized 0.50