As communicated in a regulatory press release earlier today, JonDeTech Sensors AB (publ) has entered into a term sheet agreement with Jiuyou Fund, a major Chinese investment fund, aiming at an investment of SEK 40 million between now and the end of April.Term Sheet Agreement • March 12th, 2020
Contract Type FiledMarch 12th, 2020Jiuyou Fund is not only a provider of capital, but they also focus on companies and technologies with viable projects and core IP rights where their expertise can help companies create value. In addition to its investor capability, Jiuyou also manages an innovation industry incubation cluster, whereby it operates five tech-focused acceleration centers across the country. Jiuyou Fund may potentially also provide valuable assistance to JonDeTech in areas such as: