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Overview

Tern PLC are listed on London’s AIM stock exchange with the ticker LON: TERN (LSE: TERN).  Tern are active investors in European IoT companies with proven technology. They help investee’s enter new geographies, often starting with the US and expanding from there.

Investments so far include InVMA who design and develop applications which increase revenue streams and improve operational efficiency for their clients, who are mostly in the manufacturing space. Another investee Fundamental VR use haptics and VR to train surgeons. Data from training sessions is used by trainers, insurance companies, institutions and device manufacturers. Investee Device Authority help secure IoT devices – one of the biggest issues in the IoT space.

Directors

  • Albert E Sisto: Previously Chief Operating Officer at RSA Data Security Inc., (leading security software company)
  • Ian C Ritchie: Previously Chair of Iomart PLC
  • Sarah Payne: Previously head of financial planning for the BBC

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