Cake (Automotive) Overview
- Year Founded
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2015
- Status
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Acquired/Merged
- Employees
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141
- Latest Deal Type
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M&A
Cake (Automotive) General Information
Description
Manufacturer of electric bikes designed to be used for off-roading. The company's bikes use components made from scratch to optimize the riding performance in the zero-emission category, enabling riders to avail of lightweight, noise-free, emission-free, and fume-free vehicles.
Contact Information
Website
www.ridecake.com(Operating Subsidiary)
Corporate Office
- Hammarby Fabriksväg 43
- 120 30 Stockholm
- Sweden
Corporate Office
- Hammarby Fabriksväg 43
- 120 30 Stockholm
- Sweden
Cake (Automotive) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 01-Mar-2024 | Completed | Generating Revenue | |||
| 8. Bankruptcy: Liquidation | 02-Feb-2024 | Completed | Bankruptcy: Liquidation | |||
| 7. Later Stage VC (Series C) | 02-Feb-2024 | Cancelled | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 27-Sep-2021 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Early Stage VC (Series A) | 12-Sep-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Jan-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 07-Mar-2017 | $2.28M | $2.63M | Completed | Generating Revenue | |
| 1. Early Stage VC | 01-Jan-2016 | $351K | $351K | Completed | Startup |
Cake (Automotive) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Preference | ||||||||
| Preference | 34 | $69565.39 | $69565.39 | 1x | $69565.39 | 6.43% | ||
| Preference | 52 | $6688.98 | $6688.98 | 1x | $6688.98 | 9.83% |
Cake (Automotive) Comparisons
Industry
Financing
Details
Cake (Automotive) Competitors (18)
One of Cake (Automotive)’s 18 competitors is Lightning Motors, a Venture Capital-Backed company based in Hollister, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lightning Motors | Venture Capital-Backed | Hollister, CA | ||||
| Ryvid | Accelerator/Incubator Backed | Hawaiian Gardens, CA | ||||
| Evoke Motorcycles | Venture Capital-Backed | Hong Kong, Hong Kong | ||||
| Maeving | Venture Capital-Backed | Coventry, United Kingdom | ||||
| Kuberg | Corporation | Mankovice, Czech Republic |
Cake (Automotive) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Cake (Automotive) Patents
Cake (Automotive) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D1059218-S1 | Electric motorcycle | Active | 28-Sep-2022 | ||
| US-D1066145-S1 | Electric motorbike | Active | 19-Nov-2021 | ||
| US-D1013581-S1 | Electric motorcycle | Active | 18-Mar-2021 | ||
| US-D1138899-S1 | Electric motorcycle | Active | 18-Mar-2021 | ||
| WO-2020236070-A1 | A motorcycle having a modular attachment system | Inactive | 17-May-2019 | B62J7/04 |
Cake (Automotive) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cake (Automotive) Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AMF Tjänstepension | Limited Partner | Minority | ||
| Batshit Crazy Ventures | Venture Capital | Minority | ||
| Creandum | Venture Capital | Minority | ||
| Headline | Venture Capital | Minority | ||
| M2 Asset Management | Asset Manager | Minority |
Cake (Automotive) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Cake 0 Emission Denmark | Koebenhavn Oe, Denmark | 2022 |
Cake (Automotive) FAQs
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When was Cake (Automotive) founded?
Cake (Automotive) was founded in 2015.
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Where is Cake (Automotive) headquartered?
Cake (Automotive) is headquartered in Stockholm, Sweden.
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What is the size of Cake (Automotive)?
Cake (Automotive) has 141 total employees.
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What industry is Cake (Automotive) in?
Cake (Automotive)’s primary industry is Automotive.
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Is Cake (Automotive) a private or public company?
Cake (Automotive) is a Private company.
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What is Cake (Automotive)’s current revenue?
The current revenue for Cake (Automotive) is .
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How much funding has Cake (Automotive) raised over time?
Cake (Automotive) has raised $80.1M.
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Who are Cake (Automotive)’s investors?
AMF Tjänstepension, Batshit Crazy Ventures, Creandum, Headline, and M2 Asset Management have invested in Cake (Automotive).
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Who are Cake (Automotive)’s competitors?
Lightning Motors, Ryvid, Evoke Motorcycles, Maeving, and Kuberg are some of the 18 competitors of Cake (Automotive).
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When was Cake (Automotive) acquired?
Cake (Automotive) was acquired on 01-Mar-2024.
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Who acquired Cake (Automotive)?
Cake (Automotive) was acquired by Espen Digernes.
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