Karma Ventures
Seed–Series A · 11 people tracked
Investment thesis
Karma Ventures focuses on deep-tech software companies that demonstrate innovative technology development combined with early commercial validation. The firm targets European founders building globally ambitious businesses, providing both capital and operational support to help scale their ventures through seed and Series A funding rounds.
Source: firm website, verified Jul 17, 2026.
Team · 11 people
from the firm's websiteKristjan is a Founding Partner at Karma Ventures with venture capital, finance, and corporate advisory background. He has worked across both large and early-stage environments with expertise in commercial strategy, investor relations, and M&A. His prior roles include positions at Ambient Sound Investments, SLProductions, and LHV bank, along with board and advisory roles across the technology sector.
Margus is a Founding Partner at Karma Ventures with 16 years of venture capital experience. Before founding Karma, he managed venture investments for Skype founders, served as CEO guiding enterprises through transformation, and shaped Estonia's economic strategy within the Ministry of Finance. His approach emphasizes deliberate decision-making and identifying founders who distinguish between sustained momentum and temporary noise.
Tommi is a Founding Partner at Karma Ventures with deep-tech entrepreneurship and global technology leadership experience. He co-founded and successfully exited a mobile roaming startup and held executive roles at STMicroelectronics and ST-Ericsson, where he shaped mobile strategy at scale. His career also includes leadership roles at Nokia on wireless and software platforms.
Ska is a Principal at Karma Ventures and the firm's first team member based in Germany. With a decade of experience across Europe and Asia, she specializes in deep tech, finance, and international development. Her background includes roles at DTCP, Target Global, the World Bank, and the United Nations, where she developed expertise in emerging technologies and global-scale investment evaluation.
Linda is a Venture Partner at Karma Ventures focused on discovering new investment opportunities. She brings experience in deep-tech executive search and global team building from SH Gillamor Stephens in London, and started her career as a creative editor.
Ahti is a Founding Engineer and Chief Technical Architect at Skype, founder of Starship Technologies, and co-founder of Ambient Sound Investments. He has also served as Chief Technical Architect at Joltid and developer at everyday.com.
Jaan is a Founding Engineer at Skype and founder of the Future of Life Institute. He is a co-founder of Ambient Sound Investments, founder of Metaplanet, and investor in several leading technology companies including Anthropic, OURA, SpaceX, and DeepMind Technologies.
Jani is a Product Manager with experience at Google across multiple business units including Stadia and YouTube. He has also held VP roles at On2 Technologies and Hantro Products, both acquired by Google.
Marianne is the Office Manager at Karma Ventures' Tallinn office, overseeing day-to-day operations and administrative support. She brings business and administrative experience from Bolt, Kuehne+Nagel, and Redgate Capital, managing compliance, coordination, event logistics, and internal operations.
Riin is Finance Manager at Karma Ventures with over 20 years of financial analysis, reporting, and modeling experience. She previously worked at Metro Capital and PwC, gaining insight into financial and legal structures. She oversees fund administration, financial management, compliance, and leads the firm's ESG initiatives.
Sergei is a former CTO of Pipedrive and Principal Engineering Manager at Microsoft. His career also includes senior engineering roles at Skype and Swedbank, bringing deep software architecture and engineering leadership expertise.
Investments · 27 tracked
- Accusonus
- Activ Financial
- Apollo Federation
- Boundless
- Cohda Wireless
- Corsearch
- Eka Software
- Hired
- Kiwibot
- Leapify
- LinearB
- Mech Mocha
- Mendix
- Mindstrong
- MinIO
- NoiseAware
- Papertrail
- Perforce
- Persona
- Plumbr
- Quiq
- Shadowserver
- Simcenter
- Sketchfab
- Snyk
- Thought Machine
- Wireless Logic
Frequently asked questions
- What stage does Karma Ventures invest at?
- Karma Ventures invests at the Seed, Series A stages.
- What is Karma Ventures's typical check size?
- Karma Ventures typically writes checks of $1.1M – $5.5M.
- What sectors does Karma Ventures focus on?
- Karma Ventures focuses on Deep Tech.
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