What does Karma Ventures invest in?
Karma Ventures invests most often at Series A and Series C (100% of the rounds on record), in sectors such as Collaboration Tools, Productivity Tools and Subscription.

Estonia · Investor
Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.
QuietVC firm
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6 rounds on record
Mostly Series A and Series C: 100% of its rounds
Led 2 rounds
Karma Ventures is a VC firm backing deep-tech software startups in Europe at late seed and Series A.From their own website
Every round we can evidence, newest first6 appearances
1 round
5 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
We hold 5 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: an LP list.
| Fund | Vintage | Committed |
|---|---|---|
| Karma Ventures | - | - |
| Fund | Vintage | Committed |
|---|---|---|
| Karma Ventures | - | - |
The latest companies Karma Ventures put money into.
1 episode naming Karma Ventures in the title.

Opera Software acquired, Karma Ventures, Student.com and how do Europe's new funds differentiate themselves
MentionsKarma VenturesRoxanne Varza
Karma Ventures invests most often at Series A and Series C (100% of the rounds on record), in sectors such as Collaboration Tools, Productivity Tools and Subscription.
6 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Sept 2025.
Its most recent investments on record: DRUID AI (Series C, Sept 2025), Commsignia (Undisclosed round, Aug 2019) and Xolo (Series A, Jul 2019).
The median round it joins is $8.9M. It says it writes cheques of $580K to $3.5M.
Yes: it led 2 of its 6 investments on record (33%).
Most of the companies it backs are in Romania (17%), the United States (17%) and Estonia (17%).
No investments in the last 12 months; the latest was in Sept 2025.
Karma Ventures is a VC firm based in Tallinn, Estonia.
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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it