Rune Debuts Relic With $40 Million in New Funding

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Rune has unveiled RELIC &lpar;Renewable Energy Linked Intelligent Compute&rpar;&comma; a modular compute system that installs directly at solar generation sites&comma; turning wasted power into high-performance compute capacity&period; Rune has also raised a &dollar;40 million Series A led by Spark Capital&comma; with participation from Union Square Ventures&comma; Lowercarbon Capital&comma; Activate Capital&comma; Committed Capital&comma; Timeless Partners&comma; and Logos Fund&comma; bringing the company&&num;8217&semi;s total funding to &dollar;53&period;5 million&period;<&sol;p>&NewLine;<p>Solar plants waste up to 20&percnt; of the energy they generate&colon; power produced but never sold or delivered to the grid&comma; an estimated 50-plus terawatt hours a year in the U&period;S&period; alone&period; RELIC taps that stranded electricity at the source&comma; skipping the meter&comma; the fees&comma; and the grid infrastructure that has stalled AI buildout across the country&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Every solar plant is a latent data center&period; The power is already there&comma; sitting idle while AI labs wait years for grid connections that may never come&comma;” said William Layden&comma; Co-Founder and CEO of Rune&period; &OpenCurlyDoubleQuote;We built RELIC to close that gap with compute that’s online in days&comma; powered by energy the grid was throwing away&period;”<&sol;p>&NewLine;<p><b>What RELIC Does<&sol;b><&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li>Faster&colon; Installs in 60 minutes&period; Compute customers are energized in as little as six weeks from contract&comma; versus years for traditional data center builds&period;<&sol;li>&NewLine;<li>Cheaper&colon; Cuts non-compute infrastructure costs by 85&percnt; compared to traditional AI data centers&comma; &dollar;620 million in savings on a 100MW deployment&period;<&sol;li>&NewLine;<li>Non-Disruptive&colon; Rune captures multiple sources of underutilized energy&comma; including curtailed and clipped power&comma; without disrupting core plant operations&period; It requires no heavy site prep&comma; leaves no visible footprint and uses no water&period;<&sol;li>&NewLine;<li>Off-Grid by Design&colon; Runs natively on DC&comma; solar’s native output&comma; eliminating AC conversion loss&period; No grid connection&comma; no transformers&comma; no utility approvals&comma; no waiting&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Rune is also revealing its latest deployment&colon; a RELIC installation at a 200MW solar facility in Texas&comma; live on an existing renewable asset with no site modifications&comma; no grid work&comma; and no construction&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Demand for AI infrastructure is growing faster than it can be delivered&period; Rune deploys compute directly behind the meter at operating solar farms&comma; converting clean power into rapidly scalable AI capacity&comma;” said Santo Politi&comma; Founder and General Partner of Spark Capital&period; &OpenCurlyDoubleQuote;Every renewable asset in operation becomes a potential deployment site&period; Rune is the fastest path to new capacity we have seen&period;”<&sol;p>&NewLine;<p>Rune Co-founder and CEO William Layden previously ran a division of Cube Hydro that harnessed unused electricity from hydro plants to power clean bitcoin mining&comma; and later evaluated technology across SoftBank Energy’s 1&period;7 GW solar portfolio&period; He served in the Obama White House&period; He holds an MBA from Harvard and a BA from NYU&comma; where he graduated summa cum laude and as class valedictorian&period;<&sol;p>&NewLine;<p>Co-Founder and CTO Varun Palivela is a chip architect with more than a decade of experience designing high-performance compute systems&period; At NUVIA&comma; he helped develop one of the industry’s highest-performing microprocessor cores&comma; work that contributed to Qualcomm’s &dollar;1&period;4 billion acquisition and now ships in the Snapdragon X Elite platform&period; He previously held design roles at Qualcomm&comma; Arm and Marvell&comma; holds multiple U&period;S&period; patents&comma; and has experience spanning the full stack from silicon to power electronics to system integration&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;AI’s power constraint isn’t generation&comma; it’s resource allocation&comma;” said Varun Palivela&comma; Co-Founder and CTO of Rune&period; &OpenCurlyDoubleQuote;The industry is retrofitting data centers designed for a different era rather than rethinking the architecture itself&period; We built an entirely new technology stack from the ground up&comma; coupling compute directly to clean generation so AI can scale here on Earth&period;”<&sol;p>&NewLine;<p>RELIC is live across initial clean energy partner sites&comma; with Rune actively expanding its pipeline of power partnerships and compute customers&period; Compute customers can reserve inference capacity and power partners can explore site opportunities at <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;rune&period;energy&percnt;2F&amp&semi;esheet&equals;54604932&amp&semi;newsitemid&equals;20260916606335&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;rune&period;energy&amp&semi;index&equals;1&amp&semi;md5&equals;dd9e9bbdd894f08ad96f9c66200a1cfe" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">rune&period;energy<&sol;a>&period;<&sol;p>&NewLine;

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