
Tern Plc functions as a venture capital firm, primarily dedicated to offering growth capital investments. The company strategically backs software businesses that develop enablement and analytics solutions, with a particular emphasis on the healthcare and industrial sectors. These solutions frequently incorporate advanced technologies such as IoT security, Artificial Intelligence (AI), Machine Learning (ML), Virtual/Augmented Reality (VR/AR), and Data Science. While Tern Plc itself is headquartered in London, UK, its investment activities predominantly target companies based within the United Kingdom. The firm was formerly known as Silvermere Energy plc.
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