About Karot Capital
Karot Capital is a venture capital firm founded in 2017. It is primarily based out of Paris, France. As of Oct 2026, Karot Capital has invested in 31 companies. It primarily invests in Seed round in France based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Series A round of Archeon Medical Overall, Karot Capital portfolio has seen 2 IPOs and 6 acquisitions including key companies like CONMED, Toosla and Tageos. A lot of funds co-invest with Karot Capital, with names like Bpifrance sharing a substantial percentage of its portfolio. Karot Capital has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Deals in last 12 months
Karot Capital's List of Top Investments
Karot Capital has a portfolio of 31 companies. Their most notable investments are in Cook-e and Archeon Medical.Their portfolio spans across France, United States and Canada. They have invested in Enterprise Applications, Retail, High Tech and 15 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Karot Capital:1. CONMED
Advanced Surgical provides surgical products and equipment for minimally invasive procedures. Products are used by surgeons and physicians in a variety of specialties, including general surgery, urology, gynecology, colorectal, and gastroenterology.
Key facts about CONMED
- Founded Year: 1987
- Location: Utica (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 3,436 as on Sep 30, 2026
- Investors: Hudson River Capital Partners, J P Morgan Wealth Management and 2 Others
- Latest Funding Round: Post IPO, Mar 03, 2019, $*****
- Highlight: Public
2. Toosla
Toosla is an app-based car rental platform. Users can search, compare, and book cars on the platform after providing relevant details. Users can also lock/unlock the car via the app and are not required to refuel the car at the end of the trip. Its mobile app is available for iOS and Android platforms.
Key facts about Toosla
- Founded Year: 2016
- Location: Reims (France)
- Stage: Public
- Total Funding till date: $8.8M
- Employee Count: 49 as on Sep 30, 2026
- Investors: Karot Capital, 5M Ventures and 2 Others
- Latest Funding Round: Post IPO, Mar 10, 2023, $*****
- Highlight: Public
3. U-Space
Developer of small satellite solutions, from preliminary studies to operations support. They provide feasibility studies to convert needs into operational projects. With experience in space projects, their teams construct space projects. As prime contractor, they offer a global project vision. They provide solutions for commercial, scientific, and defense missions.
Key facts about U-Space
- Founded Year: 2018
- Location: Toulouse (France)
- Stage: Series A
- Total Funding till date: $34.8M
- Employee Count: 104 as on Aug 31, 2026
- Investors: BNP Paribas, Karot Capital and 5 Others
- Latest Funding Round: Series A, Nov 12, 2025, $*****
- Highlight: Editors' Pick
4. Tageos
Key facts about Tageos
- Founded Year: 2007
- Location: Montpellier (France)
- Stage: Acquired
- Total Funding till date: $2.51M
- Employee Count: 146 as on Sep 30, 2026
- Investors: Karot Capital, Newfund and 1 Other
- Latest Funding Round: Grant (prize money), Jun 01, 2018, $*****
- Highlight: Acquired
5. Medtech
Medtech designs, develops and, markets surgical robots, also known as ROSA, to enhance the safety and reliability of cranial and spine procedures without compromising established surgical protocols. It is essentially a robotic arm that replicates the movements of the human arm while providing haptic (or tactile) feedback to the surgeon, thereby assists the surgeon in performing surgery, it features 6 DoF, assisted navigation, haptic feedback and laser measuring system to guide the user. In 2013 MEDTECH received the European company of the Year Award in the robotic neurosurgery category from Frost Sullivan.
Key facts about Medtech
- Founded Year: 2002
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 27 as on Sep 30, 2026
- Investors: Ally Bridge Group, Karot Capital and 4 Others
- Latest Funding Round: Post IPO, Nov 03, 2015, $*****
- Highlight: Acquired
Karot Capital's Year-on-Year Investment Trends
Karot Capital has invested in 31 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in bem.builders and most recent follow-on round was in Archeon Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 1 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 2 | 1 | 3 |
2021 | 1 | 0 | 1 |
2020 | 4 | 0 | 4 |
2019 | 2 | 0 | 2 |
Karot Capital's Investments by Stage
Karot Capital has made 7 investments in Seed stage with an average round size of $1.9M and 3 investments in Series A stage with an average round size of $7.27M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 3 |
Note: We have considered here, only first round of investments
Karot Capital's Investments by Sector
Karot Capital has a diverse portfolio, with companies operating in the High Tech, Consumer, Consumer Goods, Enterprise Applications and Food and Agriculture Tech. Notably, it has invested in 19 Tech companies, 17 Enterprise (B2B) companies, 7 Software companies and at least 7 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 4 |
Consumer | 2 |
Consumer Goods | 2 |
Enterprise Applications | 2 |
Food and Agriculture Tech | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Karot Capital's Investments by Geography
Karot Capital has made most investments in France (10), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
France | 10 |
United States | 1 |
Note: We have considered here, only first round of investments
Karot Capital's recent investments
Karot Capital has made 1 investments in 2026 so far - Archeon Medical.Here are the most recent investments by Karot Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 06, 2026 | France | Series A | 7308 | [+3] | |
Nov 12, 2025 | France | Series A | 7366 | [+3] | |
Jun 08, 2023 | France | Series A | 4118 | [+2] | |
Feb 14, 2023 | France | Seed | 1090 | [+1] | |
Sep 15, 2022 | France | Series A | 3612 | [+1] |
IPOs and Publicly Listed companies in Karot Capital's Portfolio
2 of Karot Capital's portfolio companies have become public. Toosla got listed on the Euronext Exchange (Euronext), in Dec 2021 at marketcap of $1.18M and CONMED got listed on the New York Stock Exchange (NYSE).Here are Karot Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2021 | Sep 24, 2019 | Series A | 5048 | |
Jul 24, 1987 | - | - | 9060 |
Acquired companies in Karot Capital's Portfolio
6 companies from Karot Capital's portfolio have been acquired. The most recent acquisition was In2Bones USA in May 2022 by CONMED for $*****.Here are Karot Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 04, 2022 | - | - | 7179 | |
Mar 30, 2022 | - | - | 2086 | |
Mar 16, 2021 | - | - | 7247 | |
Jul 18, 2016 | - | - | 2829 | |
Mar 16, 2015 | - | - | 3122 |
Team profile of Karot Capital
Karot Capital has a team of 2 members including 2 Partners located in France. Karot Capital's team does not sit on the board of any company as of now.Co-investors of Karot Capital
Over the past 7 years, 24 investors have co-invested in Karot Capital's portfolio companies. This includes funds and angels.
- Invested before Karot Capital: Calao Finance, CEA Investissement and 1 other have invested in rounds before Karot Capital. There is 1 company where Calao Finance has invested before Karot Capital and 1 company where CEA Investissement has invested before Karot Capital.
- Top Co-investors of Karot Capital: 11 investors entered a company along with Karot Capital. These include investors like Bpifrance (4 companies).
- Invested after Karot Capital: A total of 10 investors have invested in Karot Capital's portfolio after their investments. Top Investors include Blast.Club (1 company), Primo Capital (1 company) and ARIS (1 company).
Recent News related to Karot Capital
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French natural cosmetics brand Waam completes first funding roundFashion Network•Sep 06, 2023•WAAM, Karot Capital, Bpifrance
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Cook-e raises 1.15 million euros for its cooking robotNeorestauration•Sep 06, 2023•Cook-e, Karot Capital
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WAAM Cosmetics closes second funding round for €5 millionGlobal CosmeticNews•Jun 30, 2022•Arkea Capital, Positive Investment Enterprise, WAAM, Karot Capital
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Archeon raises 5.5 million euros to simplify first aid proceduresFrenchWeb•Mar 16, 2022•Archeon Medical, Majycc, Karot Capital, Bpifrance and 5 others
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Isybot raises 2 million euros to expand its collaborative robots in EuropeFrenchWeb•Apr 22, 2020•ISYBOT, Karot Capital, Calao Finance, Socomore
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WAAM Cosmetics raises 1.5 million euros to expand its catalogJournalduNet•Feb 14, 2020•WAAM, Karot Capital, Bpifrance
