Calm/Storm Ventures is a boutique venture capital firm and exclusive founder network based in Vienna, Austria, investing in purpose-driven founders improving life, health, and wellbeing. The firm is the most active super-early-stage HealthTech investor in Europe, with a focus on digital health, femtech, mental health, and medical devices.
34% of their portfolio is in Healthcare. Deal activity decreased year-over-year (3 deals in the last 12 months vs 5 prior). Their most common stage is seed (42% of deals). Average disclosed round size is $8.3M (across 14 rounds with reported amounts).
Portfolio
45
Fund Size
—
Top Stage
Seed
Last 12 Mo
4
Team
Lucanus Polagnoli
Founding Partner
Stephanie Urbanski
Managing Partner
Ekaterina Gianelli
Venture Partner
Johannes Blaschke
Partner
Paul Varga
Venture Partner
Nina Kasmaei-Gatzmaga
Founders Associate
Julinka Waesche
Visiting Analyst
Matteo Vannucchi
Visiting Analyst
Philippa Allen
Investment Manager
Matheus Verweijen
Junior Finance Manager
Michela Grimaldi
Communications Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Resolyst | Pre-Seed | $3M | Jul 2026 |
 Squaremind | Series A | $18M | Jan 2026 |
 Holo | Pre-Seed | — | Nov 2025 |
| SScavenger AI | Seed | — | Oct 2025 |
 Aiomics | Pre-Seed | — | Sep 2025 |
 Aeon | Seed | — | Jun 2025 |
 LinQ | Pre-Seed | — | Mar 2025 |
 Lindus | Series B | $55M | Jan 2025 |
| UUniva Health | Pre-Seed | — | Oct 2024 |
 Propcorn AI | Pre-Seed | — | Sep 2024 |
| SScavenger AI | Pre-Seed | — | Apr 2024 |
 Scavenger | Pre-Seed | — | Apr 2024 |
 Foundation Health | Seed | $6M | Mar 2024 |
| Scavenger | Seed | — | Jan 2024 |
 Upheal | Seed | $3.3M | Jan 2024 |
 Bea Fertility | Seed | $3.2M | Jul 2023 |
 Fertifa | Seed | $6.3M | Jun 2023 |
 Nolea Health | Seed | $1.2M | Apr 2023 |
 Doctorly | Series A | — | Mar 2023 |
 Vermut | Unknown | — | Jan 2023 |
 Visible | Pre-Seed | — | Nov 2022 |
 Rex | Seed | — | Jul 2022 |
| Iinne | Unknown | $10M | May 2022 |
 Healee | Seed | $2M | Jan 2022 |
| TThe Joy Club | Pre-Seed | — | Jan 2022 |
Top Co-Investors
Last updated: 8 September 2026