The extended Series A was led by Warsaw Equity Group with participation from Vinci and naturalX Health Ventures.
The new funds are supported primarily by PFR Ventures through capital from the European Funds for a Modern Economy (FENG) programme, with additional backing from private investors.
Maciej Zawadziński from Heart2beat told Vestbee about its fund’s strategy and investment approach.
The seed round was led by Market One Capital and Peak.
The investment came from Dar Ventures, the venture capital arm of Dar.
The fresh investment saw backing from the European Innovation Council (EIC) Accelerator and Radix Ventures.
Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.
With the new capital, Holi plans to scale its platform beyond Poland and deepen its technology, including an AI-human care system.