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Orlando Florida based Innventure is raising $35,000,000.00 in New Equity Investment.

Orlando Florida based Innventure is raising $35,000,000.00 in New Equity Investment.

November 3, 2021 Craig Etkin

Orlando, FL – According to filings with the U.S. Securities and Exchange Commission, Innventure is raising $35,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mike Otworth played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Innventure
Innventure is a recognized pioneer in constructing a global open-architecture venture platform designed to provide unique access to multinational companies (MNCs) who trust Innventure to identify, grow and commercialize their proprietary IP while strategically partnering for success. We utilize our proprietary DownSelect process to identify which technologies meet our accelerated adoption and market penetration targets, and then seed and establish these transformational Platform Companies. We further capitalize initial scaling and commercialization through an established Fund, providing Innventures institutional and private clients unfettered access to the end product of all of our work and experience in launching these unique, high value private companies through a systematic approach that greatly reduces the risks inherent in venture investing. Our proven approach systematically matches and aligns innovative technologies with substantial market opportunities, and then quickly commercializes to create highly successful, high value businesses.

To learn more about Innventure, visit http://innventure.com/

Contact:
Mike Otworth, Chief Executive Officer
321-266-4738
michael@innventure.com
https://www.linkedin.com/in/mike-otworth-42a21013/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
5960, Florida, Innventure, Orlando, Venture Capital

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