Balnord

General contacts
Investor type

VC

Founded

2024

AUM

$99 M

Location

Luxembourg, Luxembourg, Luxembourg

Investment Ticket

$10-50 m

Investment Stage

Seed Pre-seed

Region of investment

Europe
Investor profile last updated: 16 August, 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

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

Contacts

Name
Title
Email
Social Networks
avatar
Aleksander Dobrzyniecki General Partner
General Partner
a•••@•••
LinkedIn
avatar
Hubert Szczołek Partner&CFO
Partner&CFO
h•••@•••
LinkedIn
Upgrade to see contacts
avatar
vif5TbXdRSju3LB0 vif5TbXdRSju3LB0
vif5TbXdRSju3LB0
[email protected]
linkedin twitter
avatar
vif5TbXdRSju3LB0 vif5TbXdRSju3LB0
vif5TbXdRSju3LB0
[email protected]
linkedin twitter
avatar
vif5TbXdRSju3LB0 vif5TbXdRSju3LB0
vif5TbXdRSju3LB0
[email protected]
linkedin twitter
Investment-team contacts for Balnord — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Balnord

Balnord is a venture capital firm. It backs companies at Seed and Pre-seed, writing tickets of $10-50 m.
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
Balnord can be reached through its website balnord.vc, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Balnord — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Balnord directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.