Cascade Drives
PrivateLast Round
VC Round
Oct 23, 2024
Total Funding Raised
$5.51M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Cascade Drives operates in Frontier & Industrial Tech and is based in Stockholm. Its latest recorded funding round was a VC Round in October 2024.
Cascade Drives is a manufacturing company that develops and produces electromechanical actuators and electric power steering systems designed to replace hydraulic systems in heavy vehicles and industrial applications.
Sector
Frontier & Industrial Tech
Verticals
Electric Vehicles, Clean Transportation, Autonomous Vehicles
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Cascade Drives Comparables
Compare Cascade Drives with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Rise Robotics | 83% | |
| Kongsberg Automotive ASA | 73% | |
| Kyntronics | 70% |
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Cascade Drives Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Oct 23, 2024 | ||||
| Seed | Sep 8, 2022 | ||||
| Seed | Feb 20, 2020 |
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Key People
Founding team and executive leadership
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Cascade Drives Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| EIT InnoEnergy | Seed, VC Round |
| Almi Invest AB | VC Round |
| Industrifonden | VC Round, Seed |
| GAEU Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 1, 2026
Open roles increased to 7, 4x the trailing average.
- Apr 1, 2026
Added Alexander Dennis Limited, an automotive manufacturer, as a customer.
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Cascade Drives Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Cascade Drives's valuation, stock price, and market status.
Is Cascade Drives a public or private company?
Cascade Drives is a private company.
What is the current stock price of Cascade Drives?
Cascade Drives is a private company, so its shares have no public market price. Caplight tracks Cascade Drives's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Cascade Drives worth (valuation)?
Valuation information for Cascade Drives is not publicly available.
Can I buy Cascade Drives stock?
Cascade Drives shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Cascade Drives's last funding round?
Cascade Drives's most recent funding round was VC Round on October 23, 2024.
Who are the main investors in Cascade Drives?
Key investors in Cascade Drives include Almi Invest AB, Industrifonden.
Will Cascade Drives IPO soon?
No public IPO plans have been announced for Cascade Drives.
How can I track Cascade Drives secondary market activity?
Caplight tracks bids, offers, and trades in Cascade Drives's shares on secondary markets.