TLDR:
– Paris-based VC Ternel is launching a new fund to invest €120 million in 30 European startups at the seed to series A stages.
– The fund will focus on technologies and themes such as climate change, biodiversity, circularity, health, education, and inclusion.
Paris-based VC Ternel, formerly known as MAIF Avenir, has announced a new fund with the aim of investing €120 million in 30 European startups at the seed to series A stages. The fund’s focus will cover a range of technologies and themes, including climate change, biodiversity, circularity, health, education, and the need for inclusion. The investment world has recognized the need to move towards growth models that are sustainable and do not rely on the excessive exploitation of resources. Co-led by Mohamed Abdesslam and Timothée Poulain, Ternel aims to support startups that make a positive contribution to the planet, individual and community well-being, and empowering communities.
In order to achieve their goal, Ternel has brought together an experienced team with expertise in venture capital, impact investing, and entrepreneurship. The fund will adopt a global approach to maximize the positive contribution of the startups they support and strike a beneficial balance between all stakeholders. Ternel’s investment thesis is inspired by a regenerative model to restore balance in the world without compromising on financial performance or environmental impact. The fund will utilize analytical tools and a Regenerative Advisory Board to oversee its regenerative mission and support the entrepreneurs they invest in.
Ternel has partnered with private equity firm Capital Croissance to strengthen its investment and support facilities. The fund will continue to work towards its mission of supporting organizations determined to restore balance in the world. With the launch of this new fund, Ternel is broadening the European investment landscape and taking impact investing to the next level.
