Törngren Magnell has advised JonDeTech Sensors AB (publ) in connection with a capital raise followed by an IPO on Nasdaq First North

Törngren Magnell has acted as project manager and legal advisor to JonDeTech Sensors AB (publ) in connection with a funding round followed by an IPO. The company’s shares have as of Friday 25 May 2018 been admitted to trading on Nasdaq First North.

Swedish JonDeTech has developed an infrared sensor (IR) for contactless measurement of temperatures and heat flows as well as presence detection. Thanks to innovative nanotechnology, the Company’s sensors can achieve performance similar to existing IR-sensors, but without the need for optics and encapsulation. As a result, the Company’s sensors are down to one tenth in size compared to conventional sensors and can be produced and integrated at a tenth of the price of a similar conventional sensor.

Törngren Magnell’s team consisted of Niclas Högström (Partner), Sandra Broneus (Partner), Viktor Olsson (Senior Associate) and Sebastian Hellesnes (Associate).

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