BrainCool AB
↗Lund, Sweden
BrainCool AB is an innovative Swedish medical device company specializing in advanced temperature management systems for therapeutic applications. Founded in 2010 and headquartered in Lund, Sweden, the company develops, markets, and sells leading medical cooling solutions targeting indications in stroke, cardiac arrest, cancer treatment, and traumatic brain injury. The company operates through a focused portfolio of proprietary cooling technologies designed for targeted anatomical cooling rather than whole-body approaches, offering superior patient outcomes and treatment tolerability. BrainCool operates as a public company listed on the Stockholm Stock Exchange and serves as the parent of a growing international group including subsidiaries in the United States and specialized operating divisions.
CLASSIFICATION
SIZE & FINANCIALS
Employees:51-200
Revenue:36-42 MSEK
Founded:2010
Ownership:public
Status:operating
FUNDING
Stage:Public/Mature
Total Raised:€12.5M + multiple equity raises
Investors:European Investment Bank (EIB), Multiple institutional and private investors
STOCK
Exchange:OMXSTO
Ticker:BRAIN
Market Cap:~175 M SEK
PIPELINE
Stage:Commercial/Clinical Development
Lead Drug Stage:Cooral® System - FDA De Novo Cleared (Commercial); IQool™ System - Commercial; RhinoChill® - Commercial/Development
Modalities:Medical Device - Temperature Management, Cooling Systems, Targeted Tissue Cooling
Trial Phases:-
FDA Approvals:1
CORPORATE STRUCTURE
Subsidiaries:BrainCool Inc (USA) - Headquarters in Annapolis, Maryland, CoolPrevent AB - Manages Cooral® System operations, IQool Technologies AB - Manages BrainCool™ System operations, BeneChill AB - RhinoChill® operations
Key Partnerships:ZOLL Medical Corporation - Distribution partnership for BrainCool™ System in North America (received order for 10 demo units in 2025-2026)
COMPETITION
Position:Niche Player - Leader in targeted anatomical cooling for specific indications (oral mucositis, brain cooling)
Competitors:ZOLL Medical Corporation, Inspiration Healthcare, InnAccel, Medical Cooling, Belmont Medical Technologies, Stryker Corporation, Becton, Dickinson and Company, Drägerwerk AG +3 more
LEADERSHIP
Key Executives:
Anna Lindström - Chief Executive Officer
Jon Berg - Chief Operating Officer (formerly CEO Feb 2024-Dec 2025)
Mohammad Fazel - Head of Clinical Affairs
Lotta Valfridsson - Chief Financial Officer
Troy Van Der Veur - Executive Vice President - BrainCool Inc (USA)
Anne Andersson - Quality Assurance Director
Scientific Founders:Christian Strand (Founder, 2010)
Board Members:Oscar Engellau (Board Member - significant insider buying activity Dec 2025)
LINKS
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