Boutique e-motorcycle startup Cake files for bankruptcy

TechCrunch
By Sean O'KaneFeb 2, 2024, 2:29 pm161 pts
Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to TechCrunch. The Swedish company was in the middle of a funding round, just prior to the filing, but apparently the withdrawal of an investor was what tipped the company over the edge, according to Swedish…

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