Karma Ventures is a venture capital firm in Estonia that focuses on European early-stage technology companies that target global markets. Founded 2016 in Tallinn, Harjumaa, Estonia by Kristjan Laanemaa, Margus Uudam and Tommi Uhari, it invests in early stage ventures, seed and other ventures. Its portfolio companies include MeetFrank, Commsignia, Minut, Xolo, Infermedica, Realeyes, Sonarworks, MeetFrank, Realeyes and CGTrader. As of February 2020, Karma Ventures has made 17 investments. Their most recent investment was on December 5, 2019, when MeetFrank raised €1.5M. Karma Ventures has raised a single venture fund, Karma Ventures I. This fund was announced on February 12, 2016 and raised a total of €70M.
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