Carma Fund
CARMA FUND is an early-stage venture fund based in Munich and Frankfurt am Main, Germany, backing Life Science and Healthcare startups in therapeutics, diagnostics, and medtech. With €56M under management, it provides long-term, flexible capital and close ties to technology transfer offices and industry partners.
Munich, Germany · 2+ investments · 2 portfolio companies
- Headquarters
- Munich, Germany
- Founded
- 2022
- Website
- carma-fund.com
- AUM
- $65.3M
- Portfolio Companies
- 2
- Total Investments
- 2
- Last Investment
- Jan 2026
- Geographic Focus
- Germany
Investment Thesis
Carma Fund is a Venture Capital firm based in Munich, Germany. It has made 2 investments, including Nocion and Acorai. Focus areas include Biotech and Digital Health.
Portfolio2
Co-investors16
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16 co-investors across 16 shared portfolio companies — who they back alongside, and how often they lead.
Venture Capital ×14 · Private Equity ×1 · Government ×1 · 15 shared rounds
Investment History
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