Innventure (INV) Investor presentation summary

Business model and strategy

• Founds, funds, operates, and scales companies by commercializing technologies sourced from multinational corporations (MNCs), R&D teams, and innovation networks.

• Uses proprietary DownSelect analysis to reduce failure rates and enhance economic returns.

• Focuses on validated, high-demand technology solutions with a target to create businesses achieving $1B+ enterprise values.

• Systematically acquires or licenses under-commercialized technologies from MNCs, leveraging their prior investment and customer base.

• Offers a later-stage risk profile compared to traditional venture investing by starting with proven technologies.

Portfolio companies and technology highlights

• Created companies include PureCycle (polypropylene recycling), AeroFlexx (innovative liquid packaging), Accelsius (two-phase liquid cooling for data centers), and Refinity (advanced plastic recycling targeting the 91% of unrecycled plastics).

• Accelsius' NeuCool platform offers a 49% reduction in energy usage versus legacy air cooling, with a projected $100M annual revenue run rate by end of 2026.

• AeroFlexx provides sustainable packaging that can reduce plastic use by up to 85% and is curbside recyclable, with a commercial sales pipeline nearing $30M.

• Refinity licenses fluidized bed process technology to convert mixed plastic waste into chemicals, aiming for global circularity and rapid commercialization.

Financial performance and outlook

• Bookings exceeded $50M in Q1 2026, signaling a commercial inflection point.

• Accelsius is projected to be cash flow positive by year-end 2026; consolidated cash flow positivity targeted for 2028.

• Liquidity increased to $55.4M by Q1 2026, supported by a $40M registered offering in January 2026.

• Revenue growth is accelerating, with consolidated revenues rising from $1.2M in 2024 to $2.1M in 2025 and a $100M annualized run rate expected for Accelsius by December 2026.