How much does KARMA typically invest?

KARMA states a typical cheque of €1M – €5M.

Which stages does KARMA invest in?

KARMA invests at Seed, Series A and Series B. In the rounds on record, Series A is the most frequent (3 of 3).

Where is KARMA based?

KARMA is headquartered in Tallinn, Estonia.

Investor directory

KARMA

VC fundTallinn, Estoniakarma.vc LinkedIn

Karma Ventures invests in deep-tech software companies with early traction in Europe.

What they invest in

Stages

Seed Series A Series B

Sectors

AI / ML Dev Tools & Cloud EdTech B2B SaaS FinTech Hardware HealthTech Impact InsurTech Logistics Cybersecurity

Geographies

Europe

In numbers

In the last 24 months, KARMA took part in 3 funding rounds on record at Oka. Series A its most frequent stage (3 of 3). The most recent round on record is from August 2026.

As of October 2026. Source: Oka, counted from funding rounds reported in the press; rounds that were never reported are not included.

The facts

Typical cheque: €1M – €5M
Headquarters: Tallinn, Estonia
Founded: 2016

Portfolio companies

Bfore CybExer Druid Intelligence Leil Mindgard Swarmia Wirepas

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StarshipPactumTuumMinutRealeyes (Holdings)BforeAIJobbaticalCommsigniaLucinityCGTraderHydrogridSonarworksAppGyverInfermedicaWunderGraphXolo (Business/Productivity Software)Leil StorageMeetFrankDruid AIPatchstackAppGiverTrademarkNowSpectXIngrid Cloud

Recent rounds

Mindgard
€26 millionSeries AAI / ML
Album VCleadKARMA.406 VenturesAtlantic BridgeLakestar IQ Capital
13 August 2026United Kingdomeu-startups.com
WunderGraph
$7.5 millionSeries ADev Tools & Cloud
eBay VenturesleadKARMAAspenwood
27 March 2025United Statestechcrunch.com

Rounds KARMA took part in, as reported by the linked articles. See who else is investing right now.

Questions founders ask

How much does KARMA typically invest?: KARMA states a typical cheque of €1M – €5M.
Which stages does KARMA invest in?: KARMA invests at Seed, Series A and Series B. In the rounds on record, Series A is the most frequent (3 of 3).
Where is KARMA based?: KARMA is headquartered in Tallinn, Estonia.

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