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Swedish electric motorbike company Cake files for bankruptcy.

The company, which makes extremely unique-looking utility-themed motorbikes and motorcycles, was forced to make the decision after a major investor bailed right before a funding round was set to close, according to Electrek. Certainly this will come as sad news to fans of Cake’s two-wheelers, which are geared toward off-roading and cargo-hauling.

Our own Thomas Ricker was taken with the Ösa’s multifaceted features, but found the price and digital display to be lacking.

Cake Osa
You can have your Cake, and ride it too — for now.
Image: Thomas Ricker / The Verge