Terna Forward

corporate vc$54MCo-invests

◆ Fund Size

$54M

◆ Check Size

$7.0M

◆ Location

Italy

◆ Activity

Statusactively investing

◆ Links

Website ↗@ternaspa on X ↗

◆ Investment Thesis

Invests in clean energy tech startups including robotics and technology for monitoring assets

◆ About Terna

Terna is the Italian electricity transmission system operator, responsible for ensuring the continuity and quality of electricity supply across Italy. The company invests and innovates to develop an electricity grid capable of integrating renewable energy, strengthening cross-border interconnections, and supporting sustainable development. Terna is a progressive, agile, and inclusive company that values its people, promotes wellbeing and diversity, and embraces technological and digital transformation to drive continuous improvement and cultural change.

◆ Sectors

Clean EnergyClimate TechRoboticsIndustrial AutomationSensors & Instrumentation

◆ Stages

seed

◆ Geography Focus

EuropeItaly

◆ Team

Name	Title	Role	Links
Ruggero Recchioni	Managing Director / innovation and corporate VC lead	—	in
Vittorio Palma	sole director & co-founder	—	in

◆ Notable Investments

Wesiirobotics and climate data analysis startups/SMEsdigital and sustainable technology companies in the CDP Venture Capital Corporate Partner I fundGyalaEoliannD-OrbitMela Works

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Terna Forward invest in?

Terna Forward invests in Clean Energy, Climate Tech, Robotics, Industrial Automation and Sensors & Instrumentation at the seed stage.

Which geographies does Terna Forward focus on?

Terna Forward focuses on Europe and Italy, and is headquartered in Italy.

What is Terna Forward's typical check size?

Terna Forward typically writes checks of up to $7M.