Balnord

Key facts

Stages

Seed, Series A

Sectors

Defence & security, Space, Healthtech, Industrial & manufacturing, Other deeptech

Ticket

€500K–€3M

Typical round size

€12.5M (median of its recent deals, not a ticket)

Leads rounds

50% of recent deals with a known role

Eligible countries

Germany, Denmark, Estonia, Finland, Iceland, Lithuania, Latvia, Norway, Poland, Sweden

Provider based in

Poland

Timing

Rolling applications

Focus

frontier and dual-use technologies; space; healthcare; industrial resilience; defence

How to apply

Application form · Apply on their site

Source

https://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region

Recent deals

Evidence

Short excerpts from the sources, in their original language, that back the facts above.

• Apply linkhttps://w4h53nayakq.typeform.com/to/rgSnSkfY?typeform-source=balnord.vc | Pitch ushttps://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region
• KindFrom sea to space, the early stage venture capital fund is dedicated to backing companies at the forefront of European technological re-industrialization.https://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region
• Sectorsinvesting in frontier and dual-use technologies with a special focus on space, healthcare, and industrial resilience.https://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region
• TicketInitial investments will range from €500K to €3Mhttps://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region
• TicketInitial investments will range from €500K to €3Mhttps://www.balnord.vc/article/balnord-launches-eu70m-fund-to-back-frontier-and-dual-use-technology-startups-across-the-baltic-sea-region

Status history

• 7 Nov 2026: Uncertain → Rolling (profiles: investor activity)
• 7 Nov 2026: Rolling → Uncertain (freshness: investor activity)
• 6 Nov 2026: Rolling (first extraction)