Cake Files for Bankruptcy, Joining Troubled eMobility Firms

Cake Files for Bankruptcy, Joining Troubled eMobility Firms

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Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst of a funding round when an investor’s withdrawal pushed it over the edge, according to the report.…

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