Margus Uudam

Founding Partner, Karma Ventures
Margus Uudam, since 2008 managing Skype co‑founders' global portfolio, brings deep‑tech experience across the US, Europe and Asia—technologies big companies would buy rather than build—and candidly cites unicorns' $100–500M needs.
How to contact Margus Uudam
Stages their fund invests in
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Sectors their fund invests in
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Avg Check
€1-5M
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Does their fund Lead?
No
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Geos their fund invests in
Europe
Margus Uudam
Stages their fund invests in
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Sectors their fund invests in
Deeptech / Hardware
AI
SaaS
Cybersecurity
Fintech
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Avg Check
€1-5M
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Leads?
No
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About Margus Uudam

Margus Uudam built his venture career managing the global portfolio of Skype's co-founders starting in 2008, giving him hands-on experience with deep tech deals across the US, Europe, and Asia rather than just local opportunities. He defines deep tech specifically as technologies that large tech companies would rather buy than build themselves due to technological risk and resource costs, and he's unusually transparent with founders about the true capital intensity of building unicorn-scale companies—often citing that most unicorns raise $100-500M.

About their Fund

Karma Ventures

Sectors
Deeptech / Hardware, AI, SaaS, Cybersecurity, Fintech
Rounds
Seed - Series A
Avg Check Size
€1-5M

Karma Ventures is led by former Skype executives who focus on deep-tech B2B software companies in the Baltics and Finland that have both defensible technology advantages and proven commercial traction at late seed and Series A stages. The fund operates on explicit "5 Principles of Karma" philosophy of paying knowledge forward and maintains hands-on engagement through deep-tech founder roundtables and sector-specific events.

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