Karma Ventures
Investor profile
Venture capital
Karma Ventures has backed 27 European tech companies across 36 funding rounds between 2017 and 2026, joining rounds totalling €353M. Most active in Software and AI. Data as of Nov 2026.
Also recorded as: Karma Capital · Karma VC · Karma.vc
Deals
36
distinct rounds
Companies
27
backed
Active span
2017–2026
10 yrs
Total round €
€353M
sum of rounds joined
Deals by year
distinct rounds / yearKarma Ventures — deals by year — interactive chart.
Data table
| Karma Ventures — deals by year | |
|---|---|
| 2017 | 5 |
| 2018 | 2 |
| 2019 | 4 |
| 2020 | 2 |
| 2021 | 3 |
| 2022 | 8 |
| 2023 | 4 |
| 2024 | 3 |
| 2025 | 4 |
| 2026 | 1 |
Top sectors
by dealsKarma Ventures — top sectors — interactive chart.
Data table
| Karma Ventures — top sectors | |
|---|---|
| Software | 8 |
| AI | 8 |
| Cybersecurity | 5 |
| Media | 3 |
| Fintech | 3 |
| HRtech | 3 |
| Healthtech | 2 |
| Marketing | 1 |
| Cleantech | 1 |
| E-commerce | 1 |
Stages
by dealsKarma Ventures — stages — interactive chart.
Data table
| Karma Ventures — stages | |
|---|---|
| Other | 20 |
| Series A | 8 |
| Series B | 6 |
| Seed | 1 |
| Series C | 1 |
Countries
by dealsKarma Ventures — countries — interactive chart.
Data table
| Karma Ventures — countries | |
|---|---|
| Estonia | 13 |
| Finland | 4 |
| Romania | 3 |
| Sweden | 3 |
| Iceland | 2 |
| Latvia | 2 |
| Poland | 2 |
| UK | 2 |
| Austria | 1 |
| France | 1 |
Co-investment network
shared roundsCo-investment network — interactive chart.
Hover a node for shared-deal counts; click a co-investor to open its profile.
Best viewed on a larger screen.
Frequent co-investors
shared rounds- Almaz Capital3
- Hoxton Ventures3
- Smedvig Capital3
- byFounders2
- Gapminder VC2
- Inventure2
- KPN Ventures2
- Practica Capital2
- Specialist VC2
- TQ Ventures2
- Verve Ventures2
- Zenith Venture Capital2
- .406 Ventures1
- Addendum Capital1
- Album VC1
- and Change Ventures1
- Atlantic Bridge1
- Balderton Capital1
- Blackfin Capital Partners1
- Cal Henderson1
- Cantella1
- Cesar Lamschtein1
- Cipio Partners1
- CNB Capital1
- Coefficient Capital1
Portfolio
top 30 by total round €| Company | Country | Rounds | Total € |
|---|---|---|---|
| DRUID | Romania | 3 | €68M |
| Starship Technologies | Estonia | 1 | €43M |
| Infermedica | Poland | 2 | €30M |
| Mindgard | UK | 1 | €26M |
| Lucinity | Iceland | 2 | €22M |
| Minut | Sweden | 3 | €19M |
| Pactum | Estonia | 1 | €18M |
| Commsignia | Hungary | 1 | €15M |
| Tuum | Estonia | 1 | €15M |
| Realeyes | UK | 1 | €13M |
| Jobbatical | Estonia | 1 | €12M |
| Sonarworks | Latvia | 2 | €10M |
| Wirepas | Finland | 1 | €10M |
| Swarmia | Finland | 1 | €10M |
| Xolo | Estonia | 2 | €9.0M |
| Hydrogrid | Austria | 1 | €7.8M |
| CybExer Technologies | Estonia | 1 | €5.0M |
| Patchstack | Estonia | 1 | €4.5M |
| Bfore.AI | France | 1 | €4.0M |
| TrademarkNow | Finland | 1 | €3.0M |
| MeetFrank | Estonia | 2 | €2.5M |
| AppGyver | Finland | 1 | €2.0M |
| CGTrader | Lithuania | 1 | €2.0M |
| Leil | Estonia | 1 | €1.5M |
| Wildplastic | Germany | 1 | €825k |
| Spectx | Estonia | 1 | €0 |
| Plumbr | Estonia | 1 | €0 |