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.
Timeline
Funded Companies
Minut is a Scandinavian startup that produces home security software and hardware. Minut's product, Point, analysing sounds and the indoor environment. It can recognise things like alarms, windows breaking, or unexpected activity.
CGTrader is a Lithuania-based company founded by Marius Kalytis.
Previously known as LeapIN, Xolo is based in Estonia.
Commsignia is a Santa Clara, California-based company.
People
Ahti Heinla
Advisor
Anna Grigoryeva
Analyst
Edgar Auslander
Advisor
Jaan Tallinn
Advisor
Kristjan Laanemaa
Founding Partner
Liisa Suvorova
Employee
Margus Uudam
Founder
Marili Merendi
Associate
Tommi Uhari
Founding Partner
Further reading
Documentaries, videos and podcasts
Companies
CGTrader
Commsignia
Infermedica
MeetFrank
MeetFrank
Minut
Realeyes
Sonarworks
Xolo