Balnord

Investor type

VC

Founded

2024

AUM

$99 M

Location

Luxembourg, Luxembourg, Luxembourg

$10-50 m

Investment Ticket

3-5 years

Investment Horizon

Seed, Pre-seed

Investment Stage

Sale to strategic investor, IPO, M&A, Buyout, Mergers and Acquisition, Pre-agreed exit

Exit Strategy

Investor profile last updated: 27 July, 2026

Profile

Balnord is a venture capital firm based in Luxembourg that focuses on investing in frontier deep tech startups from the Baltic Sea region, including countries like Poland, Lithuania, Latvia, Estonia, Finland, Denmark, Sweden, and Norway. The firm specializes in high conviction first checks, providing investments ranging from $500,000 to $2 million. Balnord emphasizes a hands-on approach, supporting companies from the idea stage through to scaling, with a commitment to building strong, sustainable businesses.

The firm invests in sectors such as SpaceTech, Healthcare, and Supply Chain, and is dedicated to offering more than just capital. Balnord provides operational expertise and unwavering support to founders, helping them make informed decisions and effectively scale their companies. Its portfolio includes innovative companies like Astrolight, ATMOS Space Cargo, SATIM, and Port.app, which are developing advanced technologies in optical communication, space logistics, AI-driven solutions, and urban mobility. Balnord is committed to backing transformative solutions that have a real-world impact.

Industry

HealthTech Telecommunications Healthcare Services Aerospace Software

Region of investment

Europe

Balnord Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Balnord Fund I
Venture Capital (VC)
Aerospace
Healthcare Services
Software
Telecommunications
HealthTech
Pre-seed
Seed
Europe
$5-10 m
$75 M
June 2024

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FAQs about Balnord

Balnord is located in Luxembourg, Luxembourg, Luxembourg.
Balnord was founded in 2024.
Balnord invests in companies and startups in HealthTech, Telecommunications, Healthcare Services, Aerospace, Software.
Balnord invests in companies and startups in Europe.
Balnord invests in companies and startups at Seed, Pre-seed.
Balnord usually invests $10-50 m on average.
Balnord has around $99m assets under management.
Balnord last fund was created/launched in 2024-06-28