Cascade Drives
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $1.6M
Investors
- 1
About Cascade Drives
a. Cascade Drives operates as a developer of electromechanical actuators and power steering systems for heavy-duty vehicles and industrial applications. The company’s flagship products include the TruEPS™ electric power steering system, designed for heavy-duty vehicles, and advanced linear actuators, which are capable of handling high loads and shock forces. The TruEPS™ system offers a compact, and accurate alternative to hydraulic power steering, while the linear actuators provide control for functions such as lifting, tilting, and side shifting in heavy-duty vehicles.
Who invested in Cascade Drives
1 investor across 1 round
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Funding rounds
Series A
Apr 10, 2021
Amount
$1.6M
Investors
Questions about Cascade Drives
Who invested in Cascade Drives?
Cascade Drives has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cascade Drives raised?
Cascade Drives has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cascade Drives last raise money?
Cascade Drives's most recent round on record is a Series A, in Apr 2021.
What does Cascade Drives do?
Cascade Drives is a industrial machinery company.
Where is Cascade Drives headquartered?
Cascade Drives is headquartered in Stockholm, Sweden.
Which VCs invest in companies like Cascade Drives?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back industrial machinery companies at Cascade Drives's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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