# Cascade Drives funding: rounds and investors

> Cascade Drives has raised across 1 round since 2024. Investors include EIT InnoEnergy. Every round with its source.

Source: https://millionrounds.com/company/cascade-drives (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Cascade Drives*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture Nov 2024
- **Investors:** 1

See who backed them

## The rounds

- **Nov 2024** Venture **Amount undisclosed** [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) Source recorded

## Everyone who backed them

[EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cascade-drives).

## Also claim to have backed them

These 3 firms list Cascade Drives as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Industrifonden](https://millionrounds.com/fund/industrifonden) VC firm Per its own site

[STOAF](https://millionrounds.com/fund/stoaf) VC firm Per its own site

[Sustainable Energy Angels AB](https://millionrounds.com/fund/sustainable-energy-angels-ab) Angel network Per its own site

## Quick answers about Cascade Drives

### Who invested in Cascade Drives?

Cascade Drives's investors include EIT InnoEnergy.

### How much has Cascade Drives raised?

Cascade Drives has raised 1 round since 2024, none with a disclosed amount.

### When did Cascade Drives last raise?

Cascade Drives's most recent round was a Venture in Nov 2024.

### Who backed Cascade Drives first?

Cascade Drives's first round on record, in Nov 2024, was backed by EIT InnoEnergy.

### What stage is Cascade Drives at?

Cascade Drives's latest named round is a Venture, in Nov 2024.

### Where is Cascade Drives based?

Cascade Drives is based in Sweden.

## Companies like Cascade Drives

In the same sector, and raised in the last eighteen months.

[**TERASi** $13M · Sept 2026](https://millionrounds.com/company/terasi)[**Cloover** $1.3B · Sept 2026](https://millionrounds.com/company/cloover)[**n-Ink** $4.7M · Feb 2026](https://millionrounds.com/company/n-ink)[**DREV** $3.7M · Nov 2025](https://millionrounds.com/company/drev)[**Intelligent Implants** Oct 2025](https://millionrounds.com/company/intelligent-implants)[**Elax Energy** $34M · Oct 2026](https://millionrounds.com/company/elax-energy)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app