Black Pearls VC

What is Black Pearls VC?

Black Pearls VC is a venture capital firm based in Gdansk, Poland, investing in technology and innovation-driven companies throughout Northern and Central Europe, with a focus on the Baltic Sea Region. They primarily target startups in sectors like digital health, enterprise software, fintech, the future of work, and deep tech.

They have a particular interest in companies that are developing novel and ambitious technologies. As a sector-agnostic investor with a B2B focus, they are open to diverse opportunities and support ambitious entrepreneurs looking to scale globally.

Being one of the first investors, typically at the seed or post-seed level, their ticket size ranges from €100k to €1M. They also participate in follow-on investments for later funding rounds.

They value being lead investors or part of larger syndicates. Their last two funds emphasized investments in Life Quality Technologies, further delving into life sciences, intelligent transportation, space and satellite technologies, artificial intelligence, and other innovative spheres.

With a successful track record, the fund combines the team's diverse expertise as entrepreneurs, executives, and consultants to provide comprehensive support to their portfolio companies. They are part of the Kauffman Fellows, establishing a global network of leading VCs and a robust support system, including business angels and advisors.

Black Pearls VC has recently rebranded to Balnord as they concluded their investment period as of December 31, 2023, but they remain committed to supporting ground-breaking projects with a long-term vision and partnership approach, recognizing the hard work and dedication required to build successful ventures.

What they say:

We're the first check investor supporting tech founders in Poland & Baltics. We're a part of the Kauffman Fellows, a global network of +500 leading VCs.

What we look for: We invest in defensible technology companies from Northern and Central Europe. We are an early-stage fund and can invest anywhere between pre-seed and Series A with a ticket ranging from $100k and $1M.

How we help: We support founders from pre-seed to exit.