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myFC

private placement

KTH Chalmers cap. Sixth AP Fund

July 2011

 

About the Client

myFC is a fuel cell technology company that develops and industrializes hydrogen fuel cell charges and components that extend battery life of portable technologies.

 

About the Deal

GP Bullhound, the technology investment bank, today announces the completion of the second tranche of the expansion funding round for Stockholm-based myFC AB, the fuel cell technology company that develops solutions for powering portable electronics. Among the investors in this round are KTH Chalmers Capital and the Sixth Swedish National Pension Fund.

 

Quotes

This is the first transaction GP Bullhound has completed for myFC AB and CEO, Bjorn Westerholm, commented: “We are delighted to have chosen GP Bullhound as our transaction advisor. Their energy, international contacts and deep industry understanding has been of great value to us. We look forward to continuing to work with GP Bullhound in future transactions.”

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