FundedIQ
Consumer Electronics

Cake Bikes: Funding, Investors & Team (Sep 2026)

Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

ridecake.com/#about LinkedIn Stockholm, Sweden 51-100 employees
Total raised
$46.5M
Rounds
2
Latest
Grant
Jul 2022

Cake Bikes has raised $46.5M across 2 funding rounds on record, the most recent a Grant of $510k announced in Jul 2022.

That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.

Cake Bikes Company Profile and Key Stats

Total funding raised
$46.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Grant
$510k in Jul 2022
Employees
51-100
reported band
Headquarters
Stockholm, Sweden

Latest funding round on record: Jul 2022.

Cake Bikes Funding Rounds

Date
Round
Amount
Grant
$510k
Series B
$46.0M

Cake Bikes raised $46.0M in a Series B announced in Sep 2021.

10 months later, a Grant of $510k was announced in Jul 2022.

Cake Bikes Founders and Leadership Team

Name
Role
Contact
Karl Ytterborn
Founder
Stefan Ytterborn
CEO

No contact details are on record for this team yet.

Cake Bikes Funding Compared to Other Consumer Electronics Startups

Segment
Companies
Median round
688
$4.3M
1,065

Cake Bikes' latest round of $510k is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.

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Cake Bikes Funding FAQs

What does Cake Bikes do?

Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

How much funding has Cake Bikes raised?

Cake Bikes has raised $46.5M across 2 rounds on record. The most recent is a Grant of $510k announced in Jul 2022.

When did Cake Bikes last raise funding?

Cake Bikes' most recent funding round on record is a Grant of $510k, announced in Jul 2022.

Who founded Cake Bikes?

FundedIQ lists Karl Ytterborn (Founder) at Cake Bikes.

Who is the CEO of Cake Bikes?

Stefan Ytterborn is listed as CEO at Cake Bikes.

Where is Cake Bikes headquartered?

Cake Bikes is based in Stockholm, Stockholms Lan, Sweden.

How many employees does Cake Bikes have?

Cake Bikes is in the 51-100 employee band.

How does Cake Bikes' funding compare to other Consumer Electronics startups?

Cake Bikes' latest round of $510k is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.

About FundedIQ's Cake Bikes Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cake Bikes is left off this page rather than filled in.

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