NewsPress releases ⁄ CAKE successfully completes its first external financing round

[vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”0″ top_padding=”0″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ override_padding=”yes” column_padding=”0″ overlay_alpha=”50″ gutter_size=”3″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h1″]CAKE successfully completes its first external financing round[/vc_custom_heading][vc_column_text]”We are pleased to announce that CAKE has successfully completed its first external financing round through a directed share issue. The completion of the intended SEK 20.4M involves a small group of investors with firm and strategic relevancy, going forward. It’s energizing having established a palette of partners in associated fields and relevant geographies including Japan, Hong Kong, Europe and USA. The process towards launching the company’s first product, defining a new category of light, quiet and clean electric off-road motorbikes, is now accelerating”. Says: Stefan Ytterborn, Founder & CEO of CAKE.[/vc_column_text][uncode_share layout=”multiple”][/vc_column][/vc_row]