France · Funded startup

Who invested in Karmen

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2BFinancial ServicesFintech

Raised 10 months ago

Funding summaryUpdated 7 Nov 2026

$68Mraised across 3 rounds since 2024, from 3 sources

$500KPre-seed$9.3MRound$58MDebt
Latest round
Debt, $58MJan 2026
Step-upi
6.3×
Investors
7 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026
$500KPre-seed$9.3MRound$58MDebt
First round
Pre-seed, $500K
Dec 2024
Biggest round
$58M
Debt · Jan 2026
Usual gap between rounds
11 months
the median of 2

The rounds

  1. Jan 2026
  2. Jan 2025
  3. Dec 2024
    Pre-seed$500K1 new

    Source recorded

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Seventure PartnersVC firm2rounds, led 1
BpifranceGovernment2rounds
Pareto HoldingsVC firm2rounds
Fasanara CapitalHedge fund2rounds
Pioneer FundPrivate equity1round
SamaipataVC firm1round
Financière ArbevelInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Karmen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Takara CapitalVC firmPer its own site

Quick answers about Karmen

Who invested in Karmen?

Karmen's investors include Seventure Partners, Bpifrance, Pareto Holdings, Fasanara Capital and Pioneer Fund, and 2 more on record.

How much has Karmen raised?

Karmen has raised $68M across 3 rounds since 2024.

When did Karmen last raise?

Karmen's most recent round was a Debt of $58M in Jan 2026.

What was Karmen's biggest round?

Its most recent round, $58M in Jan 2026, is also its largest on record.

Who backed Karmen first?

Karmen's first round on record, in Dec 2024, was backed by Pioneer Fund.

What stage is Karmen at?

Karmen's latest named round is a Debt, in Jan 2026.

Where is Karmen based?

Karmen is based in France.

Who led Karmen's rounds?

Seventure Partners led the Undisclosed round in 2025.

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