Rune Technologies, incorporated as Liitto Technology Inc., closed a $40.0M funding round led by Spark Capital announced September 16, 2026, coinciding with the debut of its first product — the article did not assign a series designation such as Seed or Series A. The product, RELIC (Renewable Energy Linked Intelligent Compute), is a modular system optimized for AI workloads designed to be installed on solar farm premises that the company says cuts auxiliary data center infrastructure costs by 85% by eliminating long-haul power transmission lines and DC-to-AC transformers. No revenue, client, pipeline, or employee count metrics were disclosed and no specific use of proceeds or expansion plans were detailed beyond the product launch.