Estonia · Investor

Karma Ventures

Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries ACollaboration ToolsProductivity ToolsSubscription

Cheques on record
0%of best year0cheques in 12 months, 6 on record
Since the last cheque426days00hrs00min00sec
Median round$8.9MCheque size, as they say$580K – $3.5MRounds led2 of 6Mostly inRomania, 17%
Pitch Karma Ventures

Karma Ventures highlights

  1. 01

    6 rounds on record

  2. 02

    Mostly Series A and Series C: 100% of its rounds

  3. 03

    Led 2 rounds

What they do

Karma Ventures is a VC firm backing deep-tech software startups in Europe at late seed and Series A.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$580K – $3.5M as they say
Stages
Pre-seedSeedSeries A
Sectors
Collaboration ToolsProductivity ToolsSubscription
Based in
Tallinn, Estonia
Cold pitches
Not stated

The record

Every round we can evidence, newest first6 appearances

  1. 2025

    1 round

  2. Sept
    DRUID AISeries C · RO · TechStartups$31MWith 5 others
  3. 2019

    5 rounds

  4. Aug
    CommsigniaUS · FinSMEs$11MLed
  5. Jul
    XoloSeries A · EE · FinSMEs$6.8MWith 2 others
  6. Jun
    RealeyesGB · FinSMEs$12MWith 4 others
  7. Jun
    InfermedicaPL · Mobihealthnews$3.7MWith 3 others
  8. May
    SonarworksSeries A · LV · Practica$5.6MLed

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.

The team

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

2 LPs on record in Karma Ventures's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: an LP list.

Recently backed

The latest companies Karma Ventures put money into.

On podcasts

1 episode naming Karma Ventures in the title.

Quick answers about Karma Ventures

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.

How active is Karma Ventures?

6 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Sept 2025.

What has Karma Ventures invested in recently?

Its most recent investments on record: DRUID AI (Series C, Sept 2025), Commsignia (Undisclosed round, Aug 2019) and Xolo (Series A, Jul 2019).

How big are Karma Ventures's cheques?

The median round it joins is $8.9M. It says it writes cheques of $580K to $3.5M.

Does Karma Ventures lead rounds?

Yes: it led 2 of its 6 investments on record (33%).

Where does Karma Ventures invest?

Most of the companies it backs are in Romania (17%), the United States (17%) and Estonia (17%).

Is Karma Ventures investing now?

No investments in the last 12 months; the latest was in Sept 2025.

What kind of investor is Karma Ventures?

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