Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Karma Ventures

Founders Kristjan Laanemaa Margus Uudam Tommi Uhari

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 41
Average round size
info
The average size of a deal this fund participated in
$8M
Portfolio companies 23
Rounds per year 5.12
Lead investments 12
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.44
Exits 3
Key employees 3
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Artificial Intelligence
  • Machine Learning
  • Information Technology
  • Internet of Things
Summary

In 2016 was created Karma Ventures, which is appeared as VC. The company was established in Europe in Estonia. The main department of described VC is located in the Tallinn.

This organization was formed by Kristjan Laanemaa, Margus Uudam, Tommi Uhari.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Karma Ventures, startups are often financed by EASME - EU Executive Agency for SMEs, SOSV, Practica Capital. The meaningful sponsors for the fund in investment in the same round are SOSV, Practica Capital, Nordic Makers. In the next rounds fund is usually obtained by Superangel, Sune Alstrup (Johansen), SOSV.

Speaking about the real fund results, this VC is 61 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 investment rounds annually. The common things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2017.

Among the most successful fund investment fields, there are Marketing, Apps. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Infermedica, Ingrid Cloud, Sonarworks. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 1 or 5+ of the founder, the chance for it to be financed is low. Besides, a startup needs to be aged 6-10 years to get the investment from the fund.

Read more

Funds with similar focus

Funds from Estonia
Funds with similar focus located in Estonia:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Acuitas Group Holdings Atlanta, Georgia, United States
Animal Bioscience Boston, Massachusetts, United States
Daylight Ventures Austin, Texas, United States
Heartland Bank Auckland, Auckland, New Zealand
Newmark Knight Frank (NKF) New York, New York, United States
Sequitur Capital Srl Italy, Lombardia, Lombardy
Sugarmaker Media -
Toutoushidao Capital China, Hangzhou, Zhejiang
Xingzheng Touzi China, Shanghai

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

WebARX

Cyber Security
$5M16 Sep 2024 London, England, United Kingdom

Pactum

Artificial Intelligence
$20M11 Jul 2024 Mountain View, California, United States

Bfore.AI

Artificial Intelligence
Cyber Security
Information Technology
Software
$15M24 Apr 2024 Montpellier, Languedoc-Roussillon, France

Hydrogrid

Energy
Energy Efficiency
Power Grid
Renewable Energy
SaaS
Software
$9M15 Dec 2023 Vienna, Austria

DRUID

Artificial Intelligence
Enterprise Software
Information Technology
Machine Learning
Software
Virtual Workforce
$30M12 Sep 2023 Bucharest, Romania

Commsignia

Automotive
Internet of Things
Wireless
$15M05 Sep 2023 San Jose, California, United States

Bfore.AI

Artificial Intelligence
Cyber Security
Information Technology
Software
$4M07 Nov 2022 Montpellier, Languedoc-Roussillon, France

Jobbatical

Artificial Intelligence
Education
Information Technology
Professional Services
Recruiting
$13M09 Sep 2022 Tallinn, Harju maakond, Estonia

Lucinity

Artificial Intelligence
Software
$17M07 Jul 2022 Iceland, Iceland

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Karma Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 41
Average round size 8M
Rounds per year 5.12
Peak activity year 2022
Lead investments 12
Follow on index 0.44
Exits 3
Group Appearance index 0.93

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

WebARX

Cyber Security
$5M16 Sep 2024 London, England, United Kingdom

Pactum

Artificial Intelligence
$20M11 Jul 2024 Mountain View, California, United States

Bfore.AI

Artificial Intelligence
Cyber Security
Information Technology
Software
$15M24 Apr 2024 Montpellier, Languedoc-Roussillon, France

Hydrogrid

Energy
Energy Efficiency
Power Grid
Renewable Energy
SaaS
Software
$9M15 Dec 2023 Vienna, Austria

DRUID

Artificial Intelligence
Enterprise Software
Information Technology
Machine Learning
Software
Virtual Workforce
$30M12 Sep 2023 Bucharest, Romania

Commsignia

Automotive
Internet of Things
Wireless
$15M05 Sep 2023 San Jose, California, United States

Bfore.AI

Artificial Intelligence
Cyber Security
Information Technology
Software
$4M07 Nov 2022 Montpellier, Languedoc-Roussillon, France

Jobbatical

Artificial Intelligence
Education
Information Technology
Professional Services
Recruiting
$13M09 Sep 2022 Tallinn, Harju maakond, Estonia

Lucinity

Artificial Intelligence
Software
$17M07 Jul 2022 Iceland, Iceland
Crunchbase icon

Content report

The following text will be sent to our editors: