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Cake Bikes
Electric off-road & utility motorbikes and scooters
- 101-200 employees
- B2C
- Transport
- Manufacturing
- Mobility
- Electric Vehicles
- Södra Hammarbyhamnen, Stockholm, Stockholm County
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Company mission
To create electric motorcycles that combine excitement with responsibility, while inspiring the shift to a zero-emission society.
14% employee growth in 12 months
Our take
Though entering a crowded market, CAKE, a Swedish electric motorbike and moped company, has been incredibly proactive since its founding in 2016. With five designs having been released since 2018, the first-born Kalk elevated CAKE through its receiving a number of high-profile awards. These included the Red Dot and IF Design awards, establishing CAKE as a leading European player in the net zero transport sector.
Though the Kalk has been the most decorated of CAKE’s products, the Osa is the most innovative. With a rigid unibeam structure that facilitates any additions and accessories a driver would want to add to the central frame. This exemplifies the lateral thinking and originality of CAKE’s design team, marking them out against the competition.
Pairing style and power with a net-zero ethos, CAKE shows no signs of slowing down, releasing the Bukk electric dirt bike in 2023. With enough variety between its product launches and growing global brand awareness, CAKE is certainly on the right track for market success.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 3 weeks (15 days) PTO
- Sick/Wellness PTO
- 11 Company paid holidays
- Medical, Dental, and Vision plans
- 401k after 90 days of Employment
Funding (last 2 of 5 rounds)
Aug 2023
$6.4m
CONVERTIBLE
Jul 2022
$0.6m
GRANT
Total funding: $79.5m
This company has top investors
Leadership
Stefan Ytterborn
(CEO)Previously Founder and CEO of POC, Ytterborn & Fuentes Design Management, CBI and Founder at Swecode.
Nils Ytterborn
(Product Development)Previously Kitchen Manager at Royal Swedish Yacht Club and Recruitment Ambassador & Loan Officer at Consida.
Karl Ytterborn
(Marketing)Previously Head of Sales at Consida Rådgivning AB, Instructor at the Royal Swedish Yacht Club, Sponsored alpine team rider for Fischer Sports and Head.