On October 6, 2025, Innventure announced that Johnson Controls had made a strategic investment in Accelsius, its operating company that develops two‑phase liquid cooling systems for data centers. The announcement was made earlier that day and confirms Johnson Controls’ commitment to Accelsius’ technology.
In the same press release, Innventure disclosed the closing of a private placement of its common stock and warrants anchored by CastleKnight, raising $9.75 million in gross proceeds. The capital raise, combined with the recent issuance of convertible debentures to Yorkville for up to $15 million, provides working capital to support Innventure’s ongoing operations.
The combined financing package strengthens Innventure’s liquidity position amid its ongoing capital needs and signals confidence from a major industry player. The investment supports Accelsius’ expansion into high‑density AI data center markets and underscores Innventure’s strategy of partnering with large corporates to scale sustainable technologies.
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