Karma Ventures leads the USD 7.5 million Series A round to WunderGraph

Venture Capital fund Karma Ventures successfully led the Series A funding round of WunderGraph alongside eBay’s VC arm eBay Ventures, and Aspenwood Ventures.

WunderGraph, founded in 2020, is the creator of Cosmo, a widely adopted open-source GraphQL Federation solution. With the new investment WunderGraph is planning to grow its existing 20-strong workforce and double down on its open-source GraphQL federation with additional tools that help distributed teams work more smartly. This means better support for collaboration and governance for larger enterprises.

Karma Ventures is a venture capital firm specializing in late seed and A round investments in Europe’s most promising technology startups.

COBALT advised Karma Ventures throughout the entire transaction, the team included Partner Kristel Raidla-Talur, Managing Associate Greete-Kristiine Kuru, Patent Attorney and Specialist Counsel Liina Jents, and Assistant Lawyer Paul Schifrin.