CarMa Seed Fund · Conviction-Stage Capital

Most funds wait for
the world to agree.
We don't.

CarMa Seed Fund backs the ideas others aren't ready for yet — with the conviction that the most consequential companies are funded before the consensus forms.

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What We Are

We invest for the
love of the game.

CarMa Seed Fund is our in-house investment vehicle — deploying capital into the founders and companies redefining what is possible across life sciences, artificial intelligence, and deep technology. Returns matter. But the real motivation is seeing what nobody else sees yet, and backing it before the world catches up.

"We invest with provocative conviction. Not in what is safe, but in what is consequential — in the ideas that uplift humanity and push forward the next generation of what is possible."
How We Invest
01
Conviction First

We back ideas before the category exists

02
Science as Signal

The rigour of the science tells us when to move

03
Stage Agnostic

We write our first cheque at pre-seed and stay through Series C

Beyond The Cheque

When CarMa backs you,
the network activates.

A CarMa cheque is more than capital. It is a signal — to Eastern markets, to APAC, to the sovereign relationships we have built over decades — that we believe. And when we believe, the network pays attention.

01
The Institute Activates

Every CarMa investment enters automatic consideration for CarMa Institute — the IR engine, narrative strategy, and capital market access turn on from day one

02
Board Presence

We sit alongside the founders we back — advising on globalization, MENA and APAC market entry, and the strategic decisions that determine whether a company becomes a category

03
The Network Opens

We connect the founders we back with the most powerful relationships we know — sovereign offices, royal family offices, and institutional allocators across MENA and APAC

The Funds

Two funds.
One unbroken thesis.

First Fund
CarMa Seed Fund I
$60,000,000
Closed
Second Fund
CarMa Seed Fund II
$150,000,000
In Formation
How It Starts

Every investment begins
the same way.

I
Referral

Most investments begin with a recommendation from within the CarMa network — a founder we already back, a partner we trust, or a relationship that brings someone to our attention.

II
Conference

Some begin in person — a company whose science stops us in a room. We attend a small number of events each year. When we find something real, we follow up.

III
Conviction

One conversation. If the science is real, the founder is extraordinary, and the vision is consequential — we move. We don't wait for the world to agree first.

The Conviction

We back what others won't.
If that sounds like your company — we'd like to hear about it.

Investments are considered through referral and conference introduction only.