Karma Capital – founded by multi-millionaire who gave away 90% of his money – wants to upend 'toxic' VC model

22 Sept 2025
15:40
Karma Capital is a new VC with a very unusual investment thesis – it only backs steward-owned companies in an effort to generate more impact.
"The classic VC structure encourages companies to grow quickly and beyond planetary boundaries, it can be very toxic and extractive," co-founder Theresa Böttger tells Impact Loop.
"The classic VC structure encourages companies to grow quickly and beyond planetary boundaries, it can be very toxic and extractive," co-founder Theresa Böttger tells Impact Loop.