# Luminor Bank

> Luminor Bank is a VC fund in Tallinn backing Baby, Drones and Retail. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tallinn, Estonia
- Total investments: 4
- Last investment: Jul 2026
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/luminor-group
- Website: https://www.luminor.lt/en

Luminor Bank is a VC fund in Tallinn focused on Baby and Drones. Luminor Bank offers a range of financial products including the Luminor Black card, consumer loans, housing loans with lower interest rates for energy-efficient homes, and free debit cards for kids and youngsters aged 6 to 21. New customers can enjoy the Luminor Black card package free for the first two months. Additionally, they provide serviceslike easy remote onboarding and access to partner discounts through the Luminor Plus Club. The bank also promotes its II Pillar Pension Funds for savings and retirement planning .

## Round sizes

| Stage | Round size |
| --- | --- |
| Debt Financing | $1.1M–$8.7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Baby | 1 | 25% |
| Drones | 1 | 25% |
| Retail | 1 | 25% |
| Children | 1 | 25% |
| Military | 1 | 25% |

14 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Latvia | 3 | 75% |
| Italy | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| hoppekids | Hoppekids designs and sells furniture and accessories for children’s rooms, focusing on beds, storage, and complementary décor. The company offers a wide range of children’s beds including junior beds, mid sleeper beds, loft beds, bunk beds, house beds, and four poster beds along with matching bed accessories. Hoppekids also provides desks, chairs,shelving systems, wardrobes, toy chests, and other storage furniture for children’s spaces. Its assortment includes mattresses, baby furniture such as cots, cradles, changing tables, and playpens, as well as bedding, cushions, play tunnels, and themed bed textiles. Many products are made from solid pine wood and some bed series are TÜV-certified and Nordic Swan Ecolabelled. Hoppekids sells its products through its online shop and selected retailers. | $1.5M | Debt Financing | Jul 20, 2026 |  |
| Berzins Investment | Berzins Investment is a real estate company, It leases and manages its own portfolio of 12 commercial and residential properties in Riga, while also providing tenants with full architectural design, custom renovations, and construction services. | $8.7M | Debt Financing | May 28, 2026 |  |
| APSA BŪVE | APSA BŪVE operates as a construction and design enterprise specializing in building reconstruction, infrastructure modernization, and turnkey project execution. The company's business model centers on the public sector, providing services primarily to municipal bodies, state departments, and government-controlled enterprises. | $1.1M | Debt Financing | Apr 22, 2026 |  |
| Belss | Belss is a defense communication firm that offers wide range of engineering telecommunications solutions and services beside other services. | $8.3M | Debt Financing | Sep 18, 2025 |  |

4 of 4 investments shown.

## Co-investors
- [Luminor Latvija](https://shizune.co/investors/profile/luminor-latvija) — VC Fund, 2 deals together

## Similar investors

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## FAQ

### What does Luminor Bank invest in?

Luminor Bank invests primarily in Baby, Drones and Retail startups, most often at Debt Financing stage. Most of the 4 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Luminor Bank's check size?

Luminor Bank typically joins rounds of $1.1M–$8.7M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Luminor Bank participates in.

### When did Luminor Bank last invest?

The most recent investment recorded for Luminor Bank closed in Jul 2026. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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