VC
2024
$99 M
Luxembourg, Luxembourg, Luxembourg
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
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
Region of investment
Balnord Funds
| Name | Type |
|
|
|
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
|