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Margus Uudam

Partner at Karma Ventures


Margus Uudam is a founder and partner at Karma Ventures - A round focused VC fund for Europe, domiciled in Luxembourg. Backed by Skype engineering co-founders, EIF and other institutional investors, Karma Ventures is focusing on technology creators across many verticals. Margus has 9 years of experience as a head of VC investments at Ambient Sound Investments (Skype engineering co-founders multi-family office) where he managed a global venture portfolio of 30 companies.

Formerly Margus has been CEO or senior manager in public and private sector. He has gained experience in public sector as Deputy Secretary General in Ministry of Finance, being responsible for state budget, tax policy and economic policy in Estonia. Also he has been responsible as CEO for turnaround of Estonian Energy Distribution Network and contributed to the growth of Baltics leading HR company Fontes.