Ternel
Ternel is an early-stage impact-native venture fund based in Paris, France. The firm specializes in regenerative venture capital, investing in startups that address significant societal and environmental challenges. Formerly known as MAIF Avenir, Ternel joined Capital Croissance in 2024 and currently manages around €150 million, including a new €120 million fund focused on regenerative investing. Ternel empowers tech companies that create positive impacts in areas such as climate and biodiversity, health, education, circularity, land and natural resources, and governance. The firm provides ca
Investing activity
Ternel appears in 1 AI deal tracked by the AI Lounge deals desk, and led 1 of them. The rounds are mostly Seed, with a median round size of $3M. The most recent is Fairglow (Seed, $3.4M (EUR 3.0M), Mar 2026).
Ternel most often invests alongside Swen Capital Partners and Kima Ventures, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Ternel
What AI companies has Ternel invested in?
Ternel's AI investments include Fairglow. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Ternel based?
Ternel is based in Paris, Ile-de-France, France.
What stage does Ternel invest at?
In the rounds tracked on AI Lounge, Ternel has invested at Seed, with a median round of $3M. Ternel led 1 of those rounds.
Who does Ternel co-invest with?
Ternel's most frequent co-investors on AI Lounge are Swen Capital Partners (1 deal) and Kima Ventures (1 deal).
How can founders reach Ternel?
Founders on AI Lounge can see Ternel's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Ternel to their Investor Pipeline to track the conversation.