Balnord
Venture Capital
Luxembourg-based early-stage VC backing frontier, deep tech, and dual-use technology startups across the Baltic Sea region with €70M Fund I.
Luxembourg, Luxembourg · 3+ investments
Pre-Seed
Seed
Early Stage
Artificial Intelligence
Biotech
Deep Tech
Defense
Semiconductors
Space Tech
- Headquarters
- Luxembourg, Luxembourg
- Website
- balnord.vc
- AUM
- $81.0M
- Total Investments
- 3
- Last Investment
- Apr 2026
- Geographic Focus
- Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, United Kingdom
Investment Thesis
Backs frontier and dual-use technology founders across the Baltic Sea region at pre-seed and seed, supporting companies disrupting defense, space, AI, and deep tech sectors.
Balnord is a Venture Capital firm based in Luxembourg, Luxembourg. It has made 3 investments in Artificial Intelligence and Biotech.
Investment History
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