Sweden: BrainCool raises SKr15m

Martin Waleij, chief executive, BrainCool

Swedish medical device company BrainCool has raised SKr15m (US$1.6m) in a targeted issue at three partners. “The fact that our partners donate capital and enter as shareholders in BrainCool is a very good acknowledgement that they believe in the company’s potential,” said chief executive Martin Waleij. BrainCool develops, markets and sells leading medical cooling systems…

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