How much has your Multinational Corporation (MNC) spent on research and development this year? If yours is like other MNCs, it could be hundreds of millions — if not billions — of dollars. If you would like to recoup some of those investments while also growing your business, Innventure can change an idle asset into a long-term revenue stream for your corporation.
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When introducing disruptive technology into the marketplace, the biggest challenge is to compel the customer to stop using the solution that they have been used to and switch to something different. While consumers may try something novel like pet rocks or hula hoops, businesses need a quantitatively compelling reason to switch gears.
If you’re an inventor, does it make sense to spend five years of your life contributing some of your best ideas and capital, knowing you’re going to fail 80% of the time? While the venture capital portfolio model historically provides an excellent return for investors – typically with percentages in the low to mid-teens – it can be a losing proposition for entrepreneurs trying to introduce new technologies into the market.
From its earliest beginnings, Innventure’s founders wanted to create companies that would transform markets. Anything less, we weren’t interested in. One of the first lessons learned was the power of market data. See, many inventors invent what they're interested in, not necessarily what the market needs.
Innventure is proud to announce that Dr. Bill Grieco, Chief Innovation Officer of Innventure, will be speaking at Innovation Roundtable in Copenhagen. Two hundred and fifty-plus firms will be represented to discuss new and improved procedures and practices for leading businesses from the United States, Europe, and China, sharing thought leadership and innovative techniques that will benefit the technology sector.
PureCycle Technologies, Inc. (NASDAQ: PCT), a company founded by Innventure in 2015 based on polypropylene recycling technology, is now maturing into a global manufacturing and technology company, allowing serial entrepreneur and Innventure co-founder Mike Otworth, to return to Innventure as Executive Chairman in early August 2022, validating a key component of Innventure's business model. Mike spent the last seven years as Chairman of the Board of Directors and CEO of PCT.
Carbon emissions, toxic runoff, and non-biodegradable plastics are all examples of negative effects from technology. Now, disruptive tech is the best hope for reversing that same trend. Innventure recently introduced two exciting green tech solutions to the market to do just that.
For over a decade, the research arm of Nokia Bell Labs in Finland had been working on a cooling and energy efficiency technology for data centers and mobile network equipment. In June, that R&D effort took a big step outside its corporate parent.
Nokia and Innventure, which commercializes innovative technologies, have established a relationship designed to accelerate commercialization of disruptive Nokia Bell Labs satellite communications technology and intellectual property in areas beyond Nokia core businesses. The collaboration with Innventure will be led by Nokia Technologies, the company's licensing arm.
AptarGroup, Inc. (NYSE: ATR), a global leader in dispensing, drug delivery and active packaging solutions, announced today that it has partnered with PureCycle Technologies, to prepare for the introduction of PureCycle’s Ultra-Pure Recycled Polypropylene (UPRP) into dispensing applications.
L’Oréal agreement rounds out PureCycle strategic offtake partners for ultra-pure recycled polypropylene, a critical milestone for the upcoming first Commercial Plant.With this agreement, L’Oréal becomes significant offtake partner for PureCycle in US and first offtake partner in Europe.
"Our approach to innovation not only includes products and packaging, but technologies that allow us and others to have a positive impact on our environment. This technology, which can remove virtually all contaminants and colors from used plastic, has the capacity to revolutionize the plastics recycling industry by enabling P&G and companies around the world to tap into sources of recycled plastics that deliver nearly identical performance and properties as virgin materials in a broad range of applications," said Kathy Fish, P&G's Chief Technology Officer.
We strategically collaborate with
large Multinational Corporations to
commercialize disruptive technologies.
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