Categories: Tech

CORRECTION — Innventure announces strategic investment in Accelsius by Johnson Controls

This press release was corrected to specify that Innventure’s private placement was unrelated to the strategic investment in Accelsius by Johnson Controls.

ORLANDO, Fla., Oct. 06, 2025 (GLOBE NEWSWIRE) — Innventure, Inc. (NASDAQ: INV) is pleased to announce a strategic investment in Accelsius, a provider of two-phase, direct-to-chip liquid cooling systems, by Johnson Controls (NYSE: JCI). JCI announced the transaction earlier today in a press release that can be found here.

In an unrelated transaction, Innventure also announces the closing of a private placement of Innventure common stock and warrants anchored by CastleKnight. The gross proceeds from this transaction were $9.75 million. This capital raise, along with the recently disclosed issuance to Yorkville of convertible debentures in an aggregate principal amount of up to $15 million, provides working capital to support Innventure’s ongoing business operations.

About Innventure
Innventure founds, funds, and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. As owner-operators, Innventure takes what it believes to be breakthrough technologies from early evaluation to scaled commercialization utilizing an approach designed to help mitigate risk as it builds disruptive companies it believes have the potential to achieve a target enterprise value of at least $1 billion. Innventure defines ‘‘disruptive’’ as innovations that have the ability to significantly change the way businesses, industries, markets and/or consumers operate.

Media Contact: Laurie Steinberg, Solebury Strategic Communications
press@innventure.com

Investor Relations Contact: Sloan Bohlen, Solebury Strategic Communications
investorrelations@innventure.com

GlobeNews Wire

Recent Posts

Reemo Unveils Bastion+: A Scalable Solution for Global Privileged Access Management

PARIS, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Reemo continues its mission to secure enterprise remote…

2 hours ago

Foundation for Sarcoidosis Research Celebrates 25 Years of Innovation, Empowerment, and Progress at Anniversary Awards Gala

CHICAGO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- The Foundation for Sarcoidosis Research (FSR), the leading…

5 hours ago

Wellthy Acquires Patch Caregiving to Expand Innovative Childcare with On-Site and Near-Site Backup Care Solutions

New York, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Wellthy, the leading platform helping families navigate…

5 hours ago

Aptos Experience 2025 Kicks Off in New York City on October 15-16

Two Days of Breakthrough Innovation, Bold Ideas, and Real-World Connections NEW YORK, Oct. 6, 2025…

6 hours ago

NYSE Content Advisory: Pre-Market Update + S&P 500 comes off 1.1% weekly gain

NEW YORK, Oct. 6, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a…

6 hours ago

IOC announces comprehensive mental health support for athletes at Milano Cortina 2026

06 October 2025 - Athletes competing at the Milano Cortina 2026 Olympic Winter Games can expect the same…

7 hours ago