Orbital Systems takes in SEK 200 million in new capital. Moll Wendén has been Orbital Systems’ legal advisor.
Orbital Systems takes in SEK 200 million in new capital to finance an expansion. The investors include the investment company Öresund, Formica Ventures and NREP.
Orbital Systems has developed an energy- and water-saving shower. In the past, they have aimed at estate companies, hotels and villa owners. However, in 2020, Orbital Systems also started selling the shower to consumers via its own e-commerce.
David Klose and Henric Stråth from Moll Wendén have been Orbital Systems’ legal advisors in the investment.
Photo: Orbital Systems AB