Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 77

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 77
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8 (technology sourced from P&G), and

Accelsius in 2022 (technology initially sourced from the Nokia), and Refinity in 2024 (technology initially sourced

from the VTT; collaboration agreement with Dow signed). PureCycle became a publicly traded company in 2021

and, as of the date of this prospectus, Innventure no longer has an economic interest in PureCycle. We refer to

AeroFlexx, Accelsius and Refinity as “Innventure Companies” and to the Innventure Companies along with those

subsidiary companies that Innventure may found, fund, and operate going forward as the “Operating Companies.”

Innventure’s approach to identifying and commercializing disruptive technology opportunities is designed to

help mitigate the risks associated with building start-up businesses by sourcing technology from MNCs and other

technology innovators. An important part of our approach is our collaboration with MNCs. These relationships give

us access to disruptive opportunities, a combination of thoroughly researched and well-protected technology

solutions that potentially satisfy unmet market needs, along with market data and customer insights unavailable to

most new ventures. We seek MNC relationships that we believe can provide value as channel partners and serve as

catalysts for market adoption of the technology solutions we look to commercialize.

We use our systematic, repeatable DownSelect (as defined below) process to analyze each opportunity across a

range of key success factors, including: (1) the disruptive potential, (2) the likelihood for accelerated early adoption

driven by economic value creation, (3) the potential to materially address sustainability issues and drive economic

value for business-to-business (“B2B”) customers, (4) the ability to create sustainable competitive advantage, (5) the

projected ability to generate rapid, sizable financial returns and (6) the potential to create target enterprise value of at

least $1 billion. DownSelect uses MNC’s proprietary market and customer data along with our own rigorous

analytics to assess each opportunity and seeks opportunities for the MNC to help accelerate early market adoption

by becoming early customers or offering channel access.

The DownSelect process consists of four separate phases, with successive phases building on work done in the

previous phases and deepening the level of analyses done as opportunities progress through the process.

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Phase 1 – Opportunity Screen : Innventure’s team screens opportunities that are reflective of the four

dimensions of the DownSelect Process; (1) technology developed by