Innventure Subsidiary Accelsius Secures New Series B-1 Funding

Innventure ( (INV) ) has shared an update.

On December 29, 2025, Innventure subsidiary Accelsius Holdings LLC closed a Series B-1 funding round in which it raised approximately $40 million through the sale of 822,195 Series B-1 Units to new investor Legrand DPC, LLC for about $30 million and 274,065 additional Series B-1 Units to existing investor Johnson Controls, Inc. for about $10 million, adding to the roughly $25 million previously invested by Johnson Controls on October 2, 2025. The unregistered Series B-1 Units, which are convertible into Accelsius Class A Common Units at an initial issue and conversion price of $36.4877 per unit, will fund general corporate purposes and further cement Accelsius’s capital base as it expands its operations and strategic partnerships. In connection with the closing, Accelsius amended its operating agreement to admit Legrand as a member, expand its board to eight directors, and grant Legrand the right to designate one board member with veto authority over key “Preferred Decisions,” including significant indebtedness, changes affecting Series B-1 rights, creation of senior or pari passu units, and increases in authorized equity, while also providing Legrand customary preemptive, information, and transfer-related rights that are similarly available to Johnson Controls. Accelsius also plans to enter into a suite of commercial and strategic agreements with Legrand, including reseller, private label, joint development, supply, and contract manufacturing arrangements, signaling a deepening operational and go-to-market alliance that could enhance Accelsius’s industry positioning and long-term growth prospects.

The most recent analyst rating on (INV) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Innventure stock, see the INV Stock Forecast page.

Spark’s Take on INV Stock

According to Spark, TipRanks’ AI Analyst, INV is a Neutral.

Innventure’s overall stock score is primarily impacted by its poor financial performance, characterized by negative profitability and cash flow issues. While technical analysis shows some potential for recovery, the valuation remains unattractive due to negative earnings. Positive corporate events provide some optimism, but they are insufficient to offset the financial challenges.

To see Spark’s full report on INV stock, click here.

More about Innventure

Innventure, Inc. operates through subsidiaries such as Accelsius Holdings LLC, which issues and manages equity units and is building strategic partnerships with industrial and technology players including Johnson Controls and Legrand, suggesting a focus on scaling technology or infrastructure-related solutions in collaboration with large corporate investors.

Average Trading Volume: 1,546,603

Technical Sentiment Signal: Sell

Current Market Cap: $279.8M

For detailed information about INV stock, go to TipRanks’ Stock Analysis page.