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October 24, 2025

Exclusive: Europe’s most active healthtech VC Calm/Storm closes €30m fund

The Austrian firm's second fund has already invested in 25 companies


Calm/Storm's team during a company retreat. Image provided by Calm/Storm.

Vienna-based healthtech VC Calm/Storm has reached a final close of its €30m second fund. The money’s being invested in early-stage healthtech startups founded by Europeans, with at least 75% of those companies registered in Europe at the time of investment. 

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Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

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