Karma Ventures participates in the USD 31 million Series C round of DRUID AI

DRUID AI announced the successful completion of its USD 31 million Series C financing round, led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures.

DRUID AI is one of the leaders in the global conversational AI landscape, redefining how technology is helping companies work better. The funding will advance DRUID AI’s mission to empower companies to create, manage, and orchestrate conversational AI agents, and will be used to accelerate the global expansion of its enterprise-ready agentic AI platform. Since 2018, DRUID AI has been actively pursuing its vision of providing each employee with an intelligent virtual assistant, establishing an extensive partner network of over 200 partners, and servicing more than 300 clients worldwide.

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 in this transaction, with Senior Associate Marten Amjärv advising the client.