Tern raises £0.42m to invest in Wyld Networks
12th Apr 2024 14:16
(Sharecast News) - Specialist internet-of-things technology investor Tern announced on Friday that it hs raised £0.42m before expenses, to invest in Wyld Networks.
Read moreTern's Talking Medicines makes 'strong start' to FY24
9th Apr 2024 10:32
(Sharecast News) - Internet of Things investor Tern said on Tuesday that Talking Medicines, in which it currently holds a 23.8% equity share, has made "a strong start to 2024", marked by record revenue bookings and significant advancements in its Talking Medicines Drug-GPT platform.
Read moreTern's Device Authority raises an extra $2m
7th Feb 2024 13:23
(Sharecast News) - Early-stage technology investor Tern announced the completion of an additional second closing of tranche one series B funding by Device Authority on Wednesday, in which it held a 35.7% shareholding.
Read moreTern investee Device Authority raising up to $7m
27th Dec 2023 12:56
(Sharecast News) - Technology investor Tern announced on Wednesday that Device Authority, in which it held a 53.8% shareholding as of 21 November, has secured a series B fundraising round to raise up to $7m in new equity investment.
Read moreTern opts out of further investment in Konektio
8th Nov 2023 11:48
(Sharecast News) - Internet-of-things investor Tern announced on Wednesday that it has decided not to further invest in its portfolio company InVMA, operating as Konektio.
Read moreTern portfolio company secures £712,900 purchase order
13th Mar 2023 07:28
(Sharecast News) - Capital markets company Tern revealed on Monday that portfolio company Wyld Networks has received an approximately SEK 9.2m (£712,900) purchase order for its Wyld Data service.
Read moreTern portfolio company secures new contract valued at more than $1.2m
2nd Dec 2022 09:51
(Sharecast News) - Internet-of-Things investor Tern said on Friday that one of its portfolio companies had secured a new contract win valued at over $1.2m.
Read moreTern assets under management decrease 'marginally'
23rd Sep 2022 13:04
(Sharecast News) - Technology investor Tern reported assets under management of £30.2m at the end of its first half on Friday - a "marginal decrease" from the £30.6m it recorded at the end of December.
Read moreTern reports solid progress among portfolio companies
11th Feb 2022 11:48
(Sharecast News) - Internet-of-things (IoT) technology company Tern reported further significant progress across its portfolio companies in an update on Friday, with growth in recurring revenues and new contract wins.
Read moreTern puts another £0.52m into FundamentalVR
17th Aug 2021 13:15
(Sharecast News) - Technology investor Tern has made a further £0.53m investment in its portfolio company, FVRVS, trading as FundamentalVR, it announced on Tuesday, adding that "strong" business momentum had continued across all of its primary portfolio companies.
Read moreTern set to cross-trade stateside on OTC Venture Market
17th Jun 2021 13:58
(Sharecast News) - Internet-of-things (IoT) specialist investor Tern announced on Thursday that it intends to file an application with the OTC Markets Group for its ordinary shares to be publicly cross-traded on the OTCQB Market in the United States.
Read moreTern swings to profit after decent first half
21st Sep 2020 09:42
(Sharecast News) - Technology-focussed investment company Tern reported net assets of £19.9m at the end of its first half on Monday, rising from £17.48m year-on-year, although its current assets slid to £0.96m from £2.15m.
Read moreTern portfolio company inks deal with global satellite operator
9th Sep 2020 10:16
(Sharecast News) - Investment outfit Tern said on Wednesday that wholly-owned portfolio company Wyld Networks had received a £112,600 initial purchase order from a global satellite operator.
Read moreTern portfolio company inks deal with unnamed manufacturer
6th Aug 2020 11:12
(Sharecast News) - Investment company Tern said on Thursday that portfolio company Device Authority had entered into a £200,000 contract with an unnamed automotive component and safety technology manufacturer.
Read moreDocuSign acquiring Tern investee firm Seal Software
3rd Mar 2020 15:32
(Sharecast News) - Internet of things (IoT)-focussed investment company Tern announced on Tuesday that one of its portfolio companies, Seal Software Group, has been acquired by DocuSign.
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