Balnord

Balnord is a high-conviction early-stage investor focused on frontier and dual-use technologies, with a particular focus on founders from the Baltic Sea region. The fund invests in critical industries such as space, healthcare, industrial resilience, and supply chain, combining capital with hands-on support from pre-seed through later stages. Balnord typically leads or co-leads pre-seed and seed rounds and provides long-term support through to exit.