Cascade Drives Overview
- Year Founded
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2014
- Status
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Private
- Employees
-
19
- Latest Deal Type
-
Later Stage VC
- Investors
-
11
Cascade Drives General Information
Description
Manufacturer of electromechanical actuators designed to offer high-performance linear motion. The company's electromechanical actuators utilize gearbox technology that enables high-performance capabilities of high load and high-speed capacity as well as high energy efficiency, enabling heavy-duty equipment and large energy consumers to conduct operations with reduced cycle times, energy consumption, downtime, and lower total cost of ownership.
Contact Information
Website
www.cascadedrives.comCorporate Office
- Skolvägen 14
- 192 70 Sollentuna
- Sweden
Corporate Office
- Skolvägen 14
- 192 70 Sollentuna
- Sweden
Cascade Drives Timeline
Cascade Drives Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC | 22-Aug-2025 | Completed | Generating Revenue | |||
| 11. Later Stage VC | 01-Nov-2024 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | 01-Apr-2024 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 09-Sep-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series A) | 22-Jul-2022 | Completed | Generating Revenue | |||
| 7. Seed Round | 20-Feb-2020 | Completed | Generating Revenue | |||
| 6. Angel (individual) | 01-Feb-2020 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 23-Jan-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 31-Dec-2019 | $586K | $1.68M | Completed | Startup | |
| 3. Seed Round | 31-Dec-2018 | $1.09M | $1.09M | Completed | Startup |
Cascade Drives Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Seed | 16,800 | $31.36 | $31.36 | 1x | $31.36 | 1.7% | ||
| Seed | 41,363 | $22.82 | $22.82 | 1x | $22.82 | 4.2% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Cascade Drives Patents
Cascade Drives Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2025514196-A | Method for replacing a rack in a rack and pinion drive and jig assembly | Pending | 03-May-2022 | ||
| EP-4273421-A1 | Method of exchanging a rack of a rack and pinion drive arrangement and jig assembly | Active | 03-May-2022 | ||
| EP-4273421-B1 | Method of exchanging a rack of a rack and pinion drive arrangement and jig assembly | Active | 03-May-2022 | ||
| US-12429125-B1 | Method of exchanging a rack of a rack and pinion drive arrangement and jig assembly | Active | 03-May-2022 | ||
| US-20250305571-A1 | Method of exchanging a rack of a rack and pinion drive arrangement and jig assembly | Active | 03-May-2022 | F16H57/00 |
Cascade Drives Signals
Cascade Drives Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Polynom Investment | Venture Capital | Minority | ||
| Almi Invest | Venture Capital | Minority | ||
| Global Innovation Accelerator | Accelerator/Incubator | |||
| Industrifonden | Venture Capital | Minority | ||
| BA | Venture Capital | Minority |
Cascade Drives FAQs
-
When was Cascade Drives founded?
Cascade Drives was founded in 2014.
-
Where is Cascade Drives headquartered?
Cascade Drives is headquartered in Sollentuna, Sweden.
-
What is the size of Cascade Drives?
Cascade Drives has 19 total employees.
-
What industry is Cascade Drives in?
Cascade Drives’s primary industry is Machinery (B2B).
-
Is Cascade Drives a private or public company?
Cascade Drives is a Private company.
-
What is Cascade Drives’s current revenue?
The current revenue for Cascade Drives is .
-
How much funding has Cascade Drives raised over time?
Cascade Drives has raised $14.9M.
-
Who are Cascade Drives’s investors?
Polynom Investment, Almi Invest, Global Innovation Accelerator, Industrifonden, and BA are 5 of 11 investors who have invested in Cascade Drives.
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