Mandate

Vinge advises Industrifonden in connection with its investment in "invisible cycle helmets"

May 27, 2011

Vinge has advised Industrifonden in connection with its investment in Hövding Sverige AB, a company which has developed a revolutionary type of cycle helmet which sits like a collar around the cyclist's neck. The collar contains a compressed airbag which is activated by sensors when an accident occurs.The company has raised new capital amounting to SEK 30 million through a SEK 20 million investment by Industrifonden and an SEK 10 million investment by the existing owners. The funds will be used to finance the launch of the new cycle helmet which will be avialble for sale in the autumn.
 
Industrifonden invests in small and medium sized Swedish companies with the potential for international expansion. The fund has access to approximately SEK 3 billion, SEK 1.5 billion of which is invested in approximately 90 companies within the technology, cleantech, life science and industrial sectors.
 
Vinge's team consisted of Johan Larsson and Johan Winnerblad, who was the responsible partner.

Related

Vinge has advised HealthCap on the establishment of HealthCap IX

HealthCap IX has held its final closing, raising total commitments in excess of the target from a diverse investor base comprising established institutions, pension funds, and renowned investors within the life sciences sector. The strong support reflects continued confidence in HealthCap’s strategy and proven track record.
August 22, 2025

Vinge advises MAAG Gear with its MEUR 18.5 refinancing

Vinge has advised MAAG Gear in connection with entering into a EUR 18 500 000 facility agreement with Danske Bank A/S for the purpose of, among other things, refinancing its previous credit. MAAG Gear is a leading manufacturer of industrial gear solutions for cement and mining applications with a comprehensive product portfolio and global aftermarket services offering.
August 21, 2025

Vinge has advised Direktronik in conjunction with the acquisition of Qvintus

Direktronik, a subsidiary of Lagercrantz Group, has acquired all shares in Qvintus.
August 19, 2025