Balnord
balnord.vc Direct investor
Balnord is an early-stage venture capital firm based in Luxembourg with offices in Gdansk and Berlin. It invests in frontier and dual-use technologies in the Baltic Sea Region, focusing on pre-seed and seed stages with follow-on investments.
Balnord is a venture capital firm headquartered in Luxembourg, Luxembourg. It invests directly in companies, from pre-seed to Series B, in frontier tech, dual-use, space and healthcare. Its stated cheque size is €0.5--3M initial, up to €12M follow-on. 12 portfolio companies, as it reports.
“We are a high-conviction early-stage investor focused on frontier & dual-use technologies from space and healthcare to industrial resilience and other sectors critical to European autonomy.”
— Balnord, own website
- Layer
- Direct investor
- Type
- Venture capital
- Headquarters
- Luxembourg, Luxembourg
- Invests in
- Baltic Sea Region, Nordics, Baltics, Poland, Germany
- Sectors
- frontier tech, dual-use, space, healthcare, industrial resilience, deep tech
- Cheque size
- €0.5--3M initial, up to €12M follow-on
- Portfolio
- 12 companies
Team, as Balnord publishes it
- Marcin P. Kowalik Managing Partner
- Aleksander Dobrzyniecki General Partner
- Jarek Pilarczyk Partner
- Wojciech Drewczyński Head of Research
- Hubert Szczołek Operating Partner & CFO
- Gabrielė Poteliūnaitė Principal
- Maciej Skórkiewicz Operating Partner (pre Balnord)
- Tomasz Woźniak Tech & Automation Lead
- Julia Warnel-Hala Operations Lead
Names and roles exactly as listed on balnord.vc. Nothing else about these people is recorded.
Where this comes from
Every fact above was read from a page Balnord publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.
- https://www.balnord.vc/name, is_investor, layer, type, hq_country, hq_city, status, confidence
- https://www.balnord.vc/about-usinvests_in_geographies, description
- https://www.balnord.vc/focusstage_min, stage_max, sectors, cheque_size, thesis_quote, thesis_quote_page
- https://www.balnord.vc/portfolioportfolio_count
- https://www.balnord.vc/teampeople
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Record 7122 · added 2026-09-05 · link last verified 2026-09-06 · confidence high
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