Karma Ventures makes an additional investment in start-up DRUID

Karma Ventures’ portfolio company DRUID closed a USD 30 million Series B fundraising round. The round was led by TQ Ventures with participation from an array of European investors, including Smedvig Capital, GapMinder, Hoxton Ventures and Karma Ventures.

Druid is a conversational AI platform for enterprises that integrates with ChatGPT. DRUID helps companies to build and design chatbots that can easily be applied to their existing tech stack.

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

Karma Ventures was advised by Partner Kristel Raidla-Talur.