Accelsius closes $40M Series B funding from Legrand and Johnson Controls

Innventure, Inc.

Legrand invested $30M for 822,195 Series B-1 units; JCI added $10M for 274,065 units.
Total Accelsius Series B proceeds now ~$65M including prior $25M from JCI in October 2025.
Legrand gets board seat and veto rights over debt over $20M, equity issuances, and other preferred decisions.
Accelsius expects reseller, private label, joint development, supply, and contract manufacturer agreements with Legrand.
Series B-1 units convertible into Class A common units at initial conversion price of $36.4877.

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