MAQS represents Strawbees in connection with private placement

2018-12-14

MAQS Law Firm has represented Strawbees AB in a private placement of SEK 20 million to the Swedish venture capital company Zenith Group. The rationale behind the equity injection is to finance the continued global growth of the company and development of the company’s products.

Strawbees is an ed-tech company which develops STEAM (Science, Technology, Engineering, Art & Mathematics) products, for the age group 4 to 19 years, to teach engineering, coding, robotics and sustainability in a playful and affordable way. Since the launch in 2014 Strawbees has experienced a rapid growth and established the brand in several key markets. The company’s largest market today is the US but Strawbees is also experiencing high demand within several markets in Asia and Europe. For example, Strawbees products are today being used by tens of thousands of kindergartens in South Korea and are shortly being introduced in all schools in Thailand. In addition to Strawbees’ current markets, the company has signed an agreement with the UN in October 2018 to offer Strawbees’ learning solutions worldwide with a special focus on public schools in Latin America and Africa.

MAQS assisted Strawbees and its main shareholders in connection with the private placement. The firm’s team consisted of Carl Fhager, Amanda Dyberg, Mikael Kowal and Lars Odinge.

Contact

Carl Fhager

Carl Fhager

Advokat/Member of the Board of Directors
carl.fhager@maqs.com Mobile: +46 768 66 15 22

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