Cake Raises $14M in Funding

cakeCake, a Stockholm, Sweden–based electric motorcycle brand, raised $14M in funding.

The round was led by Creandum, with participation from e.ventures, existing investors and a limited number of specific and peak competence specialists.

The company intends to use the fudns to continue to expand its business reach with the street certified Kalk& model for North America and Europe, as well as to launch the next model Ösa, a more commuter oriented vessel, during fall.

Led by Stefan Ytterborn, Founder & CEO, Cake is a manufacturer of lightweight electric off-road performance motorcycles currently producing and shipping the Kalk OR and Kalk&.
FinSMEs

17/09/2019

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