Ternel

Ternel is an investment firm.

Active

Updated: Mar 15, 2026 ·

About

Ternel is an early-stage venture capital firm based in Paris, France, dedicated to investing in technology companies that drive positive societal impact. The firm's mission is to empower founders and their teams to create solutions that benefit both society and the environment, today and in the future.

Its investment approach is characterized by a focus on regenerative investments within the Climate, Health, and Education sectors. Ternel is recognized as a B Corp Company, reflecting its commitment to integrating social and environmental responsibility into its core investment operations and overall business practices.

Financial History

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 9, 2026	Naboo	$70.0M Series B	Lightspeed Venture Partners	Isai, Notion Capital

Financial History

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Deep Dive

Ternel operates as an early-stage venture capital investor, specializing in supporting technology companies that are poised to make a positive impact on major societal themes. The firm's core philosophy revolves around empowering founders and their teams, providing the resources and conditions necessary for their ventures to flourish and contribute to a better future for society and the planet.

The investment strategy employed by Ternel is centered on what it describes as regenerative investments. This approach specifically targets innovative tech companies within critical sectors such as Climate, Health, and Education. By focusing on these areas, Ternel aims to back solutions that address pressing global challenges while also demonstrating strong growth potential.

As a European venture capital fund, Ternel actively seeks out opportunities across the continent, with its headquarters located in Paris, France. This geographic focus allows the firm to engage deeply with the European tech ecosystem and identify promising early-stage companies aligned with its impact-driven mission.

A significant aspect of Ternel's operational ethos is its status as a B Corp Company. This certification signifies the firm's adherence to rigorous standards of social and environmental performance, accountability, and transparency. Becoming a B Corp reflects Ternel's commitment to responsible investing and its belief that financial success and positive impact are not mutually exclusive but rather interconnected.

Sources

Frequently Asked Questions

What specific themes guide Ternel's early-stage venture capital investments?

Ternel focuses its early-stage venture capital investments on technology companies within the Climate, Health, and Education sectors. The firm describes these as regenerative investments aimed at creating positive societal and environmental impact.

How does Ternel integrate social and environmental responsibility into its investment operations?

Ternel demonstrates its commitment to social and environmental responsibility by operating as a B Corp Company. This certification reflects its adherence to high standards of performance, accountability, and transparency in its investment practices and overall business.

Frequently Asked Questions

What specific themes guide Ternel's early-stage venture capital investments?

How does Ternel integrate social and environmental responsibility into its investment operations?