Balnord Sp. z o.o.
Venture capitalLuxembourg · Pre-Seed–Seed · 13 people tracked
Investment thesis
Balnord focuses on frontier and dual-use innovation across Europe, concentrating its capital in a small number of companies to invest more deeply in each. It leads or co-leads pre-seed and seed rounds with meaningful tickets (€0.5-3M) and can invest up to €12M per company to sustain backing over time. The team consists of ex-founders with hands-on company-building experience and prior fund management, bringing deep expertise in space, healthcare, and supply chain. Balnord is active in Europe's dual-use programs such as NATO DIANA and Poland's IDA Bootcamp, offering founders access to buyers, pilots, and policy networks, and co-invests alongside leading frontier funds.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's website
What they invest in
from 34 of 43 portfolio companiesAI & Machine Learning ×16SaaS ×15Deep Tech ×6Enterprise Software ×6Logistics & Supply Chain ×5Fintech ×4Data & Infrastructure ×3EdTech ×3
HQs:Poland×6United States×3United Kingdom×2Lithuania×2Germany×1Estonia×1
Investments · 43 tracked
founders shown can be your intro pathBy year:2024 · 12021 · 12 dated
ATMOS Space Cargo develops and operates reusable spacecraft and return systems for space logistics, offering controlled access to low Earth orbit and recovery capabilities.
Deep TechHardwareLogistics & Supply ChainSpace TechStrasbourg, DE
Sebastian Klaus(Co-Founder)Marta Oliveira(Co-Founder, Chief Operations Officer)Jeffrey Hendrikse(Co-Founder, Chief Technical Officer)Christian Grimm(Co-Founder, Chief Engineering Officer)
Developing the PHOENIX return vehicle for space cargo missions.
Commercializing a high-throughput signal peptide engineering platform that boosts protein expression yields across biologics, enabling new therapeutic targets.
Avenue Biosciences operates a platform that engineers N-terminal signal peptides to modulate the secretory pathway and improve protein yield, combining high-throughput chemistry, synthetic biology, and machine learning.
AI & Machine LearningBiotechDeep Tech
Deep-Image.ai is an AI-powered image enhancement platform offering tools to upscale images, remove and replace backgrounds, generate digital art and avatars, and produce marketplace-ready product photos.
AI & Machine LearningE-commerceSaaS
Enso is an AI-first data preparation and blending platform that enables data teams to ingest, clean, transform, and analyze structured and unstructured data across multiple sources including databases, files, and APIs.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSKraków, PL
Sylwia Brodacka(Founder)in
Fluentbe is an online English-language school that delivers lessons via its own platform (Student Space) with certified teachers, native speakers, and AI-based study tools.
AI & Machine LearningEdTechSaaS
GoCardless provides bank payment collection and open banking data access services.
FintechLondon, GB
Hiroki Takeuchi(Founder/CEO)inTom Blomfield(Founder)in
HeavyFinance operates a crowdfunding platform where investors fund agricultural loans to farmers, starting from €100 per loan, and earn returns as farmers repay.
AgTechClimate TechFintech
infoShare Academy provides intensive IT and AI bootcamps and training courses, such as Data Engineer, Data Science, Python/Django, and DevOps, with mentor support.
AI & Machine LearningEdTech
Port rents electric bikes to delivery workers in London through a network of charging and parking hubs.
Logistics & Supply ChainMobility & TransportationLondon, GB
Sapient Perception is a physical AI company building a perception layer that combines ultra-high-resolution sensing with intelligent edge processing, using its IGNITE framework to turn sensor data into real-time actionable intelligence.
AI & Machine LearningDeep TechDefense TechRobotics
Anthony Garetto(Chief Executive Officer)Lau Nørgaard(Chief Technology Officer)Michael Messerschmidt(Chief Business Officer)
Simpl.rent provides rental risk-reduction and insurance products for the Polish rental market, including tenant screening and rent guarantee insurance used by property owners and professional rental (PRS) firms.
FintechInsurTechPropTechSan Francisco, US
RUSSELL BYRNE(Executive Officer, Director)NITYANAND SHARMA(Executive Officer, Director)JESSEY BEYROUTEY(Director)NITIN PARAKH(Executive Officer)NICK ADVANI(Director)
Denmark-based fabless semiconductor company developing Power IC solutions for next-generation AI data centers and 800V HVDC architectures.
Swotzy is a multi-carrier shipping platform that aggregates shipments from e-commerce sellers to negotiate better rates and simplify shipment management from checkout to delivery.
E-commerceLogistics & Supply ChainSaaS
Tapline is a digital finance platform that provides non-dilutive financing to SaaS, subscription-based, and recurring-revenue businesses by advancing capital against their subscription receivables.
FintechSaaS
Telemedi is a telemedicine platform in Poland offering 24/7 online doctor consultations by video, phone, or chat, during which physicians can issue e-prescriptions, e-sick leave (L4/e-ZLA), and e-referrals.
Digital HealthHealthtechSaaS
Traxlo operates tasku.app, a pay-per-task labor platform that matches local gig workers to standardized tasks such as shelf replenishment and warehouse work for grocery chains, retailers, and FMCG brands.
B2B MarketplacesFuture of WorkLogistics & Supply ChainRetail TechVilnius, LT
Paulius VėželisAlmantas Zemblys
VitVio builds Vetro, a surgical operations platform that uses 3D spatial intelligence and ambient sensing to track perioperative workflows in real time, automatically generate operative notes, identify surgical trays, and write data back to hospital EHR systems like Epic and Cerner.
AI & Machine LearningHealthtechMedical DevicesWilmington, US
Kendall Clifton Weisel(Executive Officer, Director)Maksymilian Jerzy Kozarzewski(Executive Officer, Director)
BoardEvan Nisselson(Director)
Wonderway offers an all-in-one sales learning management system for onboarding, upskilling, coaching, and certifying remote sales teams.
EdTechSaaSSales Tech
Wordware is an AI context lab that has developed Sauna, an intelligent workspace assistant designed to learn user preferences, detect patterns, and automate routine tasks to enhance deep work productivity.
AI & Machine LearningConsumerData & InfrastructureDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US
Filip Kozera(Founder)inRobert Chandler(Founder)in
Portfolio news
latest coverage across their companiesGoCardless · startups.rip · Jul 15, 2026
Enso · invezz.com · May 30, 2026
ATMOS · payloadspace.com · Apr 22, 2026
Frequently asked questions
- What stage does Balnord Sp. z o.o. invest at?
- Balnord Sp. z o.o. invests at the Pre-Seed, Seed stages.
- What is Balnord Sp. z o.o.'s typical check size?
- Balnord Sp. z o.o. typically writes checks of $550K – $3.3M.
- What sectors does Balnord Sp. z o.o. focus on?
- Balnord Sp. z o.o. focuses on AI & Machine Learning, Biotech, Deep Tech, Defense Tech, Healthtech, Logistics & Supply Chain, Medical Devices, Mobility & Transportation, Semiconductors, Space Tech.
- Where is Balnord Sp. z o.o. located?
- Balnord Sp. z o.o. is headquartered in Luxembourg, PL.
- Does Balnord Sp. z o.o. lead rounds?
- Yes, Balnord Sp. z o.o. leads investment rounds.
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