Investment thesis
Karma Ventures is a Tallinn-based fund investing at late seed and Series A in European deep-tech software companies that already have initial commercial traction and global ambition. It commits up to 5 million euros per opportunity and backs teams building genuinely novel technology rather than incremental products. Alongside capital the partners contribute operational experience, working closely with founders as they take products from first revenue into international markets.
Past investments
| Company | Round | Date | Round size |
|---|---|---|---|
| Leil London, United Kingdom | Seed | Nov 2025 | €1.5M |