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 media reports. Ytterborn declined to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/02/02/cake-electric-motorcycle-bankruptcy/