Core Insights - Innventure has announced a strategic investment in Accelsius, a company specializing in two-phase, direct-to-chip liquid cooling systems, facilitated by Johnson Controls [2] - Innventure has also completed a private placement of common stock and warrants, raising gross proceeds of $9.75 million, which will support its ongoing business operations [3] Company Overview - Innventure focuses on founding, funding, and operating companies that provide transformative, sustainable technology solutions, often acquired or licensed from multinational corporations [4] - The company aims to commercialize breakthrough technologies, mitigating risks while building disruptive companies with a target enterprise value of at least $1 billion [4]

Group 1 - Innventure, Inc. has successfully closed a private placement of common stock and warrants, raising gross proceeds of $9.75 million [2] - The capital raised will provide working capital to support Innventure's ongoing business operations, alongside a recent issuance of convertible debentures to Yorkville totaling up to $15 million [2] - Innventure focuses on transformative, sustainable technology solutions, aiming to commercialize breakthrough technologies with a target enterprise value of at least $1 billion [3] Group 2 - Johnson Controls has made a strategic investment in Accelsius, a company specializing in two-phase, direct-to-chip liquid cooling systems [1]

Core Insights - Innventure, Inc. reported a strong performance in the second quarter of 2025, with expectations for continued revenue growth in the latter half of the year [3] - The company highlighted significant advancements in its operating companies, including Accelsius, AeroFlexx, and Refinity, which are positioned for market success [3] - Innventure aims to unlock value from its technology solutions pipeline, which is currently underappreciated in the market [3] Financial Performance - For the quarter ended June 30, 2025, Innventure generated revenue of $476 million, a substantial increase from $223 million in the same quarter of 2024 [20] - The total operating expenses for the quarter were $143.05 million, compared to $11.51 million in the same quarter of the previous year [20] - The net loss for the quarter was $141.275 million, compared to a loss of $11.314 million in the same quarter of 2024 [20] Company Developments - Accelsius has strengthened its market position with new deployments at major facilities, achieving industry-leading thermal milestones with its NeuCool technology [3] - AeroFlexx achieved its fourth consecutive quarter of revenue generation and received Critical Guidance Recognition for recyclability from the Association of Plastic Recyclers [3] - Refinity has engaged an engineering, procurement, and construction partner for its first plant design, marking a significant milestone for the company [3] Strategic Outlook - The CEO of Innventure expressed confidence that the remainder of 2025 will be an inflection point for revenue growth across the enterprise [3] - The company is focused on delivering long-term value for shareholders and believes that the progress made across its operating companies is just the beginning [3] - Innventure has a high-quality pipeline of technology solutions from multinational corporations, which it plans to leverage for future growth [3]

Core Insights - Accelsius has experienced significant growth in the first half of 2025, marked by a five-fold increase in data center deployments and expansion into international markets [1][5][9] - The company has achieved industry-leading thermal performance with its NeuCool technology, capable of cooling up to 4,500W per GPU socket, addressing the demands of next-generation AI workloads [2][4][10] - Accelsius has doubled its product portfolio, introducing the MR250 multi-rack Coolant Distribution Unit (CDU) to meet the growing needs of hyperscale and AI infrastructure [13][14] Industry Trends - The data center industry is undergoing a transformation due to the increasing demands of AI infrastructure, necessitating advanced cooling solutions [2][4] - Traditional cooling methods are becoming inadequate as rack densities approach 600kW configurations, highlighting the need for innovative technologies like those offered by Accelsius [2][4] Product and Technology Developments - Accelsius successfully demonstrated its cooling technology by maintaining GPU temperatures below NVIDIA's thermal throttle limits in a 250kW rack of AI servers [3][4] - The NeuGuard program was launched to enhance cooling reliability for AI and advanced computing deployments, offering coverage for internal damage caused by leaks [11][12] Strategic Partnerships and Market Expansion - The company has established key partnerships in Europe and entered the Canadian market, enhancing its international presence [5][8][9] - Collaborations with major players like Equinix and Nordik Data Centers are set to bolster Accelsius's market position and facilitate the development of next-generation AI data centers [7][8] Sustainability and Energy Efficiency - Accelsius's technology can operate with facility water temperatures 6-8°C higher than competitors, leading to over 25% cooling energy savings and supporting sustainability goals [4][10]

Core Insights - Accelsius will deploy its NeuCool™ IR80 system at Equinix's Co-Innovation Facility in Q3 2025, enhancing data center cooling solutions [1] - The collaboration aims to demonstrate technology in real-world scenarios, making it tangible for customers [2] - The two-phase, direct-to-chip cooling solution allows for warmer inlet water temperatures, leading to energy efficiency and reduced reliance on compressors [2] - The deployment will showcase the benefits of two-phase cooling for GPUs, with a non-conductive dielectric fluid ensuring safety [3] Company Overview - Accelsius, founded by Innventure, Inc. (NASDAQ:INV), focuses on advanced cooling solutions for data centers and edge operators [4] - The NeuCool platform offers thermal efficiencies through a safe, scalable two-phase liquid cooling system [4]

Core Insights - Accelsius will deploy its NeuCool™ IR80 system at Equinix's Co-Innovation Facility in Q3 2025, enhancing data center cooling solutions [1] - The collaboration aims to demonstrate technology in real-world scenarios, making it tangible for customers [2] - Accelsius' two-phase, direct-to-chip cooling solution allows for warmer inlet water temperatures, leading to energy efficiency and reduced reliance on compressors [2] - The partnership is part of ARPA-E's COOLERCHIPS program, targeting a reduction of cooling energy use to below 5% of a data center's IT load [2] - Accelsius' cooling system is designed to protect valuable assets like GPUs, using a non-conductive dielectric fluid [3] Company Overview - Accelsius, founded by Innventure, Inc. (NASDAQ:INV), focuses on advanced cooling solutions for data centers and edge operators [4] - The NeuCool platform offers thermal efficiencies through a safe, two-phase liquid cooling system scalable from single racks to entire data centers [4]

Core Insights - Accelsius has deployed a Thermal Simulation Rack at Global Switch's new London showroom, marking a significant milestone in their European operations [1][4] - Global Switch is committed to sustainability and innovation, focusing on liquid cooling technologies to educate their customers [2][5] - The "Future Now: London Live Liquid Cooling Showcase" event will take place from June 9-13, providing an opportunity for industry leaders to experience Accelsius' cooling technology [3] Company and Technology Highlights - The Accelsius Thermal Simulation Rack is designed to replicate real-world heat loads from AI and HPC deployments, allowing for live testing of cooling solutions [4] - Accelsius' two-phase liquid cooling system utilizes a dielectric refrigerant for superior heat removal, aimed at meeting the demands of AI and high-performance computing while reducing energy consumption [5] - The showroom is expected to attract over 150 customers from around 40 global organizations, indicating a growing interest in liquid cooling as a sustainable alternative to traditional air cooling [5] Industry Context - Global Switch is recognized as a pioneer in adopting advanced data center technologies, showcasing Accelsius' Thermal Simulation Rack as part of their commitment to innovation [2][5] - The collaboration between Accelsius and Global Switch highlights the industry's shift towards energy-efficient cooling solutions in data centers [5]

Group 1: Project Overview - Accelsius has been selected as a key contributor to the U.S. Department of Energy's ARPA-E COOLERCHIPS project, focusing on developing a next-generation hybrid cooling architecture for data centers [1][3] - The project aims to reduce total cooling energy consumption to less than 5% of a data center's IT load while maintaining reliability and enabling high-density computing [3] Group 2: Technology and Contributions - Accelsius will provide its proprietary MR250, a multi-rack, in-row, 250kW two-phase Coolant Distribution Unit (2P CDU), for system-level testing at the UT Arlington campus [2] - The MR250 is expected to be generally available by late 2025, enhancing the project's test infrastructure [2] Group 3: Collaboration and Impact - The collaboration between Accelsius and The University of Texas at Arlington is expected to advance the understanding and benchmarking of two-phase, direct-to-chip cooling technologies [3][4] - Industry leaders express excitement about the potential impact of this collaboration on U.S. leadership in next-generation data center efficiency [4] Group 4: Company Background - Accelsius, founded by Innventure, Inc. (NASDAQ:INV), specializes in advanced cooling solutions that help data center and edge operators achieve business, financial, and sustainability goals [5] - The company's NeuCool platform offers best-in-class thermal efficiencies through a safe, two-phase liquid cooling system scalable from single racks to entire data centers [5]

Core Insights - Innventure, Inc. expresses strong confidence in achieving a revenue growth inflection during the second half of 2025, driven by its operating companies, particularly Accelsius and AeroFlexx [2][5]. Company Overview - Innventure is a technology commercialization platform that focuses on founding, funding, and operating companies with transformative and sustainable technology solutions, aiming for at least $1 billion in enterprise value [5]. - The company emphasizes its strategy of mitigating risks while building disruptive companies that can significantly change market dynamics [5]. Financial Performance - For the quarter ended March 31, 2025, Innventure reported revenue of $224,000, consistent with the same period in 2024 [18]. - The company incurred a net loss of $253.674 million for the quarter, compared to a net loss of $7.526 million in the prior year [28][32]. - Significant operating expenses included a goodwill impairment charge of $233.213 million, reflecting a decrease in the company's market capitalization [36]. Cash Flow and Financial Position - As of March 31, 2025, Innventure's total assets amounted to $660.419 million, a decrease from $905.289 million at the end of 2024 [15][16]. - The company reported cash and cash equivalents of $1.375 million, down from $11.119 million at the end of the previous year [15][28]. - Cash flows used in operating activities for the quarter were $14.696 million, compared to $7.397 million in the same period of 2024 [28]. Market Position and Future Outlook - Accelsius is highlighted as a key player in the two-phase, direct-to-chip liquid cooling market, engaging with major industry players and positioned for significant growth [2]. - The company anticipates a seismic shift in liquid cooling adoption, which it believes will create substantial value for shareholders [2].

Core Insights - Innventure, Inc. had a significant year in 2024, marked by the commercial delivery of products for Accelsius and AeroFlexx, the completion of a business combination, and the launch of its fourth operating company, Refinity [2] Financial Performance - For the year ended December 31, 2024, Innventure reported a net loss of $70.633 million, compared to a net loss of $28.198 million for the predecessor period [18] - The company generated revenue of $456 thousand for the period from October 2, 2024, through December 31, 2024, down from $1.117 million in the previous year [18] - Total operating expenses for the same period were $40.753 million, an increase from $24.795 million in the prior year [18] Assets and Liabilities - As of December 31, 2024, total assets amounted to $905.289 million, a significant increase from $21.564 million in the previous year [16] - Current liabilities totaled $69.347 million, up from $8.168 million in the prior year [16] Non-GAAP Financial Measures - Innventure reported an Adjusted EBITDA of $(11.670) million for the period from October 2, 2024, through December 31, 2024, compared to $(26.156) million for the predecessor period [33] - The company defines Adjusted EBITDA as EBITDA further adjusted to exclude certain non-cash items and non-recurring expenses, providing additional insight into operational performance [7][10] Business Strategy - Innventure focuses on founding, funding, and operating companies that provide transformative, sustainable technology solutions, aiming for a target enterprise value of at least $1 billion [5] - The company aims to mitigate risks while building disruptive companies that can significantly change business operations and market dynamics [5]