As reported last week, Runa Capital, an international VC firm with Russian roots, has teamed up with UK-based Notion capital to inject $7 million into Forest Admin.
This French startup, founded in 2017, has designed an “off-the-shelf admin panel based on a highly-extensible API” in simpler words, an admin interface that helps manage customer data and business operations. No front-end developments, no in-house admin tools are needed, so that companies can focus on their product.
Runa Capital is a rare example of fund with Russian roots investing in France. Investing mostly in US startups, Runa made its first investment in France in 2012, injecting $1.5 million in mobile analytics startup Capptain. This startup was acquired by Microsoft 18 months later.
Runa invest in several other French startups. These include, in particular, Admo, Critizr, Keymetrics, Predictive Objects, SimpliField and Yoopies.
