About CAKE
CAKE is a company based in Stockholm (Sweden) founded in 2016 by Nils Ytterborn, Karl Ytterborn, and Stefan Ytterborn. It operates as a Direct-to-Consumer (D2C). CAKE has raised $74 million across 2 funding rounds from investors including AMF, Creandum and Headline. CAKE offers products and services including Makka, Ösa, Kalk, and Bukk. CAKE operates in a competitive market with competitors including NEVS, Vässla, RGNT Motorcycles, Movs Technology Group and Leo Motors, among others.
- Headquarter Stockholm, Sweden
- Founders Nils Ytterborn, Karl Ytterborn, Stefan Ytterborn
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$74 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Series B
Sep 27, 2021
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Investors
AMF
& 2 more
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Employee Count
Not available
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Acquired by
(Feb 29, 2024)
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Products & Services of CAKE
CAKE offers a comprehensive portfolio of products and services, including Makka, Ösa, Kalk, and Bukk.
Lightweight moped designed for convenient urban commuting needs.
Powerful bike built for utility and cargo transport.
Original platform crafted for versatile electric bike performance.
Advanced motorcycle engineered for light off-road exploration.
People of CAKE
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Funding Insights of CAKE
CAKE has successfully raised a total of $74M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in CAKE
CAKE has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include AMF, Creandum and Headline.
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Venture capital investments and support services are offered to early-stage tech startups.
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Investments are made in early-stage tech startups across multiple sectors.
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AMF is focused on providing secure pension and savings solutions.
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Investor details for CAKE
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Investments & Acquisitions by CAKE
Investment portfolio details for CAKE
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Financial Statements - CAKE
Detailed financials for CAKE
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Cake Comparisons
Peer comparison for CAKE
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Competitors of CAKE
CAKE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NEVS, Vässla, RGNT Motorcycles, Movs Technology Group and Leo Motors, among others.
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Electric autonomous cars are manufactured for urban mobility needs.
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Electric two-wheelers including bikes and mopeds are developed by Vässla.
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Electric motorcycles are manufactured by RGNT Motorcycles in Stockholm, Sweden.
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Multi-category electric two-wheelers and mobility solutions are developed.
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Provides cartridge batteries designed for electric vehicles.
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Detailed competitors of CAKE
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Latest news on Cake
Complete news archive for CAKE
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Frequently Asked Questions about CAKE
CAKE was founded in 2016 and raised its 1st funding round 3 years after it was founded.
CAKE is headquartered in Stockholm, Sweden.
Stefan Ytterborn is the current CEO of CAKE. They have also founded this company.
CAKE is a funded company, having raised a total of $74M across 2 funding rounds to date.
Electric motorbikes and mopeds are developed and distributed by CAKE, focusing on lightweight, high-performance solutions for commuting, off-road exploration, and professional use. Various models such as Makka, Ösa, Kalk, and Bukk are offered to cater to different needs, including urban mobility and heavy-duty tasks. The automotive sector, specifically electric vehicles, is targeted with an emphasis on sustainability and zero-emission transportation.
CAKE's top competitors include NEVS, Vässla and RGNT Motorcycles.
CAKE offers Makka, Ösa, Kalk, and Bukk.