Fund profile / Luxembourg

Baltic Innovation Fund 3

Geography
Luxembourg
Stage
Growth
Fund size
€225M
Focus
Enterprise Software
Signals
Published
Share
N°01 / About

About Baltic Innovation Fund 3

EIF and Baltic national agencies launched this fund-of-funds to strengthen Baltic PE/VC ecosystems, aiming to mobilize up to €700M across 8-11 sub-funds over 5 years.

N°02 / Thesis

Investment Focus

Location / RegionLuxembourg
Funding StageGrowth
Industry Focus
Enterprise Software

Investor Signals Profile

active

Sweet Spot

European tech/innovation founders needing institutional funding support

European tech
innovation funding
debt + equity
EU mandates
EIB Group

Bullish Signals

Backed by EIB Group, major EU mandatesexternal
TechEU + ETCI + InvestEU initiatives activeexternal
Debt & equity dual-instrument capabilityexternal
Long-standing market recognition, deep expertisewebsite
Fueling European innovation ecosystem at scaleexternal
Accelerating tech through EIB Group initiativeswebsite

Contrarian Signals

Institutional scale, not startup-friendly speedexternal
EU-geography restricted deal scopeexternal

Founder Do's

Operate in European tech/innovation space
Seek institutional-grade funding partners
Align with EU ecosystem goals
Leverage TechEU/ETCI/InvestEU alignment

Founder Don'ts

Expect early-stage angel approach
Pitch outside European market focus

14 signals on Baltic Innovation Fund 3

6 bullish · 2 contrarian · 4 pitch do's · 2 don'ts, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€225M
Saves0
People

Key People

EIF, SmartCap, ALTUM, ILTE

Backers

Known LPs

SmartCapFund-of-Funds
AltumPublic / State institution
+1 more LP in LP Radar
N°04 / See also

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