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My Evli

Cascade Drives - Private placement

Name: Evli
Price range: $

Private placement

August 2022

Sector: Industrial & Business services

Service: Equity Capital Markets

Our role

Sole manager and bookrunner on the private funding round of Cascade Drives of SEK 50m

Company Description

Cascade Drives is a Swedish industrial clean-tech company that develops and manufactures all-electric solutions for linear motion with the aim of replacing hydraulic cylinders. With its patented technology, Cascade Drives dramatically reduces energy consumption and environmental impact – while at the same time increases productivity. The technology also improves operating range of battery-powered heavy vehicles while reducing the risk of fire and oil spills