News | EstVCA

Latest news Rss

Karma Ventures’ portfolio company DRUID AI announced its 30M USD series B round

13 September 2023

Founded out of Romania in 2018, Druid touts its “conversational business applications” that lean on both traditional conversational AI models and fledgling generative AI served by ChatGPT.

Karma Ventures participates in the €11.6M investment round to Jobbatical

12 September 2022

Jobbatical, a software company on a mission of automating international worker migration and relocation, has raised an €11.6 million funding round, led by Nordic VC Inventure. Our member Karma VC with other VCs and angel investors, like Kristel Kruustük, Indrek Prants and Andres Kull participated in the round.

Karma Ventures participates in the $17 million in funding round to Lucinity

Reykjavík-based Lucinity has raised $17 million in funding. The Series B round was led by Keen Venture Partners and joined by Experian and its major existing investors, Crowberry Capital, Karma Ventures, and byFounders. The platform will use the proceeds to accelerate growth and geographic coverage for its unique Human AI technology.

Karma Ventures co-leads the $15 million investment to DRUID

The Romanian startup plans to open new offices in France and Germany by the end of 2022 and consolidate its existing presence in the U.K. and U.S.

Karma Ventures participates in the $14M Series B investment round to Minut

Sweden-based Minut has closed a $14 million Series B funding round, led by Almaz Capital with participation from Zenith, Kompas, Verve Ventures, Swiss Immo Lab. Previous investors Karma Ventures, SOSV’s HAX and KPN Ventures are also participating.

Karma Ventures leads the €5 million funding round to CybExer Technologies, Specialist VC and First Fellow Partners also participate

15 February 2022

CybExer Technologies, an Estonian deep-tech company developing and selling sophisticated cybersecurity training (cyberrange) solutions raised €5 million funding to meet market demand and expand its global operations.

Karma Ventures’ portfolio company Infermedica raises $30M Series B round investment

26 January 2022

The round was led by One Peak and included participation from previous investors Karma Ventures, European Bank for Reconstruction and Development, Heal Capital and Inovo Venture Partners.

Karma Ventures’ portfolio company Tuum raises €15m Series A round investment

26 January 2022

Portage Ventures is leading the round, joined by existing investors Blackfin Capital Partners and Karma Ventures. This new funding boost comes after a successful year for the Tallinn-based startup, which saw annual recurring revenue increase more than 3 times in 2021.

EXIT: Karma Ventures partnership with SpectX leads to exit to Dynatrace

15 September 2021

EstVCA member, European deep-tech fund Karma Ventures has announced the sale of high-speed parsing and query analytics company SpectX to software intelligence company Dynatrace.

Karma Ventures participates in the €10million investment to Wirepas

01 September 2021

Wirepas, a Finnish company on a mission to change enterprise IoT, today announces an injection of funds aimed at accelerating the development of the world’s first purpose-built non-cellular 5G technology.

Karma Ventures participates in the $9.5M Series B investment round to 3D model provider CGTrader 23 February 2021

EXIT: Karma Ventures makes its third exit as SAP has acquired their portfolio company AppGyver 11 February 2021

DEAL TALKS: Marili Merendi of Karma Ventures talks about co-leading the €4 million investment to Modularbank 17 December 2020

Karma Ventures co-leads the €4 million investment to Estonian fintech startup Modularbank 09 December 2020

Karma Ventures makes its second exit with the sale of portfolio company Plumbr to Splunk Inc 20 October 2020

Karma Ventures makes its first exit as its portfolio company TrademarkNow was sold to Corsearch 28 August 2020

Karma Ventures participates in the $10M Series A funding round to Infermedica 07 August 2020

Karma Ventures co-leads $6.1m investment to anti-money-laundering startup Lucinity 15 July 2020

Karma Ventures closes €70 million fund to invest in early-stage deep tech startups 23 May 2018

Realeyes, portfolio company of Tera Ventures, raises $16.2m from Draper Esprit, Karma Ventures and Harbert European Growth Capital 22 May 2018

Karma Ventures invests in SpectX 29 May 2017