Ternel
156, Rue de l'Université, Paris, Île-de-France, 75007, France
Overview
Ternel is a venture capital arm of Capital Croissance that invests in early-stage tech innovation companies.
- Total investments
- 6
- Lead investments
- 4
- Investments · 12mo
- 3
- Active investors
- 9
Investment portfolio
- Fairglow
Led · Seed · Mar 2026
Fairglow works with brands across the beauty industry to understand and reduce their environmental footprint. The company partners with clients to assess environmental impacts and drive improvements at greater scale. In its public announcement, Fairglow said the newly raised seed capital will enable expansion of those efforts. The company acknowledged early investors and supporters by name and credited its team for executing on its mission. Financially, Fairglow has just completed a €3 million seed round led by Ternel and SWEN Capital Partners.
- Naboo
Participated · Series B · Feb 2026
Founded in 2022 in Paris, Naboo has built an all-in-one software and services platform that lets enterprises book, manage and run meetings, incentives, conferences and exhibitions (MICE) globally. The product aggregates venue sourcing, catering, activities and transportation, delivering instant quotes and transparent pricing as an alternative to traditional agency models. Naboo combines the platform with operational support and is used by global organisations such as Meta, Google, Microsoft, Amazon, HubSpot, Figma and ElevenLabs. The company is now developing AI capabilities, including an autonomous booking agent, automated tender management and an integrated corporate payment card that plugs into clients’ existing procurement systems. With these additions, Naboo plans to move beyond events into broader “tail-spend” procurement categories that share fragmented supplier bases, complex compliance needs and multiple payment flows. The business has expanded across Europe and North America and reports rapidly growing enterprise adoption. Prior to the latest round Naboo had raised a €20 million Series A in January 2025, underscoring investor confidence in its growth trajectory.
- Edflex
Participated · Equity · Oct 2025
Founded in 2016 by Clément Meslin, Philippe Riveron, Raphaël Droissart and Rémi Lesaint, Edflex offers a digital learning platform that aggregates content from more than 10,000 publishers across 25 formats. Its new product, Edflex Copilot, leverages generative AI to deliver immersive simulations with voice and emotion, granular progress analytics, contextual recommendations and automated skills assessment. The solution integrates natively with tools such as Microsoft Teams, Workday, SAP and 360Learning so that learning occurs inside the flow of work. Edflex serves over 300 corporate customers and 1.5 million users in 140 countries, supported by a workforce of 100+ employees spread across France, Italy, the United States and Canada. The company executed its first acquisition in Italy in 2024 and plans to open a North American office in 2025 while localizing content to meet regional regulations. Its model of continuous, curated learning positions it as a European alternative to large U.S. and Asian digital-learning platforms. Edflex became profitable on its historical markets in 2025 and has now raised a cumulative €32 million since 2021 to accelerate its AI roadmap and international expansion.
- Cosma
Led · Equity · Jun 2025
Cosma is a French deeptech company founded in 2022 that maps deep-sea ecosystems using swarms of autonomous underwater robots. Its systems collect up to 100,000 seabed images per hectare and combine 3D photogrammetry with AI algorithms to identify habitats and species and produce digital twins. The resulting data supports robust scientific studies and helps avoid sensitive species during offshore construction, protect underwater infrastructure, and better understand seagrass meadows' role in coastal erosion. Cosma was born within IFREMER and continues to be hosted in IFREMER’s underwater systems unit in La Seyne-sur-Mer, benefiting from the institute’s scientific and technical support. Early clients include RWE, EGIS, the World Wildlife Fund (WWF), and the French Navy. The company plans to industrialise its drone fleet, strengthen its software and AI analysis platform, and scale operations to serve public and private clients across Europe, supported by recent funding.
- Qomon
Led · Equity · Jun 2025
Qomon provides a plug-and-play mobilisation platform that replaces spreadsheets and siloed CRMs with a single system for CRM activation, volunteer coordination, field activity and analytics, including a mobile app for volunteers. The platform houses an Action Center for events, petitions, canvassing and social amplification, offers AI-powered analytics, offline functionality and a personal impact dashboard for volunteers. More than 600 organisations in 60 countries use Qomon; it has supported over 100,000 actions, 84% of users report higher volunteer retention after onboarding, and clients have used the platform to raise over €80 million. Qomon plans to expand across Europe and North America and aims to double its impact by 2026 to 200,000 actions and 1,000 organisations; the Action Center will be made embeddable this summer. Product roadmap includes an AI-based reporting assistant launching later this year and a fintech/payment layer to unify donor, volunteer and supporter data and enable fundraising. The company operates teams in Paris and Washington, DC and emphasises GDPR-compliance, accessibility for low-connectivity areas, and a mission-aligned, B Corp-friendly approach.