Organization · Venture Capital
Karma Ventures
Karma Ventures is an early-stage venture capital firm based in Tallinn, Estonia, focusing on late seed and Series A investments in deep-tech software startups across Europe. The firm emphasizes backing companies with unique technology and strong commercial traction.
Overview
What Karma Ventures does
What Karma Ventures is
Karma Ventures is an early-stage venture capital firm based in Tallinn, Estonia, focusing on late seed and Series A investments in deep-tech software startups across Europe. The firm emphasizes backing companies with unique technology and strong commercial traction.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2016
- Approximate age
- About 10 years
- Structured capabilities
- Funder
- Last reviewed
- March 7, 2026
Official channels
Find Karma Ventures elsewhere
Open the official website or a supported primary organization account.
Capability profile
Karma Ventures as a funder
Investment thesis
Karma Ventures focuses on supporting deep-tech software startups in Europe, emphasizing unique technology, customer traction, and global ambition.
Focus narrative
The firm primarily invests in deep-tech software companies that are developing cutting-edge technologies. Karma Ventures typically engages in investments ranging from €1 million to €5 million, with a commitment to follow-on investments in later funding rounds. Their focus is on early-stage technology companies in Europe that are targeting global markets, ensuring that their portfolio consists of defensible technologies with significant market potential.
Value beyond capital
Karma Ventures adds value to its portfolio companies by providing operational expertise alongside financial backing. The firm supports founders in navigating the complexities of scaling their businesses, leveraging its deep connections within the Baltic and Nordic deep-tech ecosystems to facilitate growth and market entry.
Terms and economics
- Typical check
- $580,000–$5,000,000
- Sweet spot
- $3,500,000
Focus and fit
- Stages
- Seed · Seed+ · Series A
- Sectors
- Artificial Intelligence
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 28
- Recorded notable exits
- AppGyver, TrademarkNow, and Plumbr
Portfolio context
Karma Ventures has backed 28 portfolio companies, including notable names such as CGTrader, a marketplace for 3D models; Starship Technologies, known for its delivery robots; and AppGyver, a no-code platform acquired by SAP. Other significant investments include Emotion AI, a technology for real-time human attention analysis, and AI Anti-Money Laundering Software, which aids banks in detecting financial crimes.
Common questions
What to know about Karma Ventures
Upseed classifies Karma Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 7, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.