Innventure will enter into agreement with special purpose acquisition company (SPAC) Learn CW to further accelerate Innventure’s commercialization of technology solutions in collaboration with multinational corporations.
The special purpose acquisition company and Innventure said Tuesday that the business combination reflects an enterprise value for the latter company of $385 million, excluding a $50 million earnout payable upon the achievement of certain milestones.
“Our industry is facing a transformational time for technology and operations with the power-intensive workloads underpinning artificial intelligence and machine learning that current cooling architectures cannot handle,” Claman said, adding that Accelsius has recruited an executive team of IT, data center technology and supply chain veterans with experience at Dell, Oracle and National Instruments. “We are hiring people who have been through this before and understand we’re looking at a journey, not a one-time event.”
AeroFlexx, a leader in the sustainable packaging industry and full-service liquid packaging company that combines the best attributes of rigid and flexible packaging into a single solution, announces its partnership with Mibelle Group, a Swiss company that develops and produces brands and proprietary brands in the Personal Care & Beauty and Home Care sectors. For Mibelle Group, consumer well-being has always been the center of its efforts.
AeroFlexx, a leader in sustainable liquid packaging, will attend interpack from May 4th through the 10th in Dusseldorf, Germany. The company's packaging process is one of the most innovative and sustainable solutions for brands and consumers, combining the benefits of rigid and flexible packages in their all-in-one packaging solution, the AeroFlexx Pak.
In every industry, there are unmet market needs that are simply waiting for disruptive innovations to come along and meet them, creating value for not only the market, but also the venture and its stakeholders.
Getting consumers to adopt a new innovation is perhaps the largest challenge any new company faces. Success requires startups to understand consumer needs and best position themselves to meet them.
Two significant challenges often emerge for startups during the scaling-up phase of their life cycle: successfully raising funds from investors and gaining access to experienced management. The good news, however, is that solutions exist for both of these problems.
This fundamental change in the business model reduced risk and generated profit for our clients, leading to their rapid adoption of the invention. It also actually created more value for us than our original plan of selling the instruments would have.
One of the biggest challenges entrepreneurs face is inventing and commercializing new technology. Doing this takes a great deal of time and money and introduces significant risk. A typical development can take several years and may cost millions of dollars. Meanwhile, there’s no guarantee the market will adopt the new product.
For many businesses, the ringing in of a new year means setting new goals, implementing new initiatives, and addressing new methods for growth. For those looking to scale their business in 2023, it can be worth taking a new approach to help ensure their business can thrive. However, to successfully scale a business, it is essential to understand the conditions of the market and what it will take to help a business grow.
“At AeroFlexx, we like to say we think outside the bottle,” says Meyer. Traditional plastic packaging is rigid — both in terms of its physical form and the customization features it offers. Companies looking to positively impact the environment while also progressing their brand image should look to AeroFlexx packaging as an exciting new opportunity to get noticed by consumers while simultaneously accelerating their sustainability goals.
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.
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.
Large multinational corporations (MNCs) often spend millions of dollars in the research and development stages of technology that never make it to market. Whether the company doesn’t see the technology within its overall commercialization strategy, or simply doesn’t have it in its budget to continue pursuing its development, this has led to corporations halting further internal development of several innovative technologies with high levels of potential.
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.
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 announced plans to commercialize high-performance cooling technology developed by Nokia Bell Labs for data centers and mobile network equipment.
AeroFlexx announced today that it has been awarded the “Made for Recycling” seal from Interseroh for the AeroFlexx liquid package, a flexible construct which contains an air frame that provides rigid qualities throughout the entire package lifecycle.
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.
Innventure founds, funds, operates, and rapidly scales companies in strategic collaboration with Multinational Corporations (MNCs).
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