New issue Orbital Systems

Orbital Systems raises SEK 40 million in a new share emission. Moll Wendén Law Firm has represented the company in the issue.

Several well-known players are now investing in Orbital Systems, an innovation company in Skåne. Its product is a water-saving shower that reduces the consumption of both water and energy without compromising hygiene and the quality of water. Among the clients are the city of Malmö, several municipalities, construction companies, gyms and hotels.

Among the investors in the new issue include former investor Niklas Zennström, the American investor David Epstein, the af Jochnick family and Peter Enberg. Other investors in the issue are Rosengård Invest, Dendera Ventures and Mårten Öbrink. Orbital Systems MD and founder Mehrdad Mahdjoubi still remain the largest owners in the company.

For more information, contact:

David Klose, Lawyer and Partner, Moll Wendén Law Firm. Phone: +46 40 665 65 11, Mobile: + 46 70 326 65 11, Email: david.klose@mollwenden.se