At the end of 2025, Balnord exited Polish deep-tech TerraEye, a startup using satellite-based AI to accelerate the discovery of critical minerals.

The funding round was led by ff Venture Capital, with support from NCBR Investment Fund.

The fresh round was led by Hard2beat, with support from a group of 10 business angels.

The pre-seed round was backed by Polish venture capital firm Market One Capital.

The investment was led by Hard2beat, with support from angel investors.

The investment was co-led by Digital Ocean Ventures and Rafał Brzoska’s family office, RIO, with additional participation from B-Value.

The Series D round was led by Sequoia, with a16z quadrupling down and ICONIQ tripling down.

The $10 million Series B extension round was led by Cogito Capital Partners.