FLIT raised £1.2M in a funding round led by ACF Investors and Cambridge Angels to enhance urban mobility with lightweight folding electric bikes.
FLIT raised £1.2M in a funding round led by ACF Investors and Cambridge Angels to enhance urban mobility with lightweight folding electric bikes.
02/17/25, 10:59 AM
Location
cambridgeMoney raised
£1.2 million
Industry
automotive
manufacturing
Round Type
seed
Investors
Tony Purnell, Cambridge Angels, Acf Investors
FLIT has secured £1.2M in new funding to further develop its lightweight folding electric bikes, focusing on urban mobility solutions. This funding was supported by ACF Investors, Cambridge Angels, and Tony Purnell.
Company Info
Location
cambridge, england, united kingdom
Additional Info
FLIT is an engineering company that specializes in designing and manufacturing lightweight folding electric bikes, aiming to enhance urban mobility. Their flagship model, the FLIT M2, is known for its compact design and impressive performance features. The company utilizes a unique no-weld adhesive bonding technique to improve production efficiency and structural integrity. With a commitment to making cycling easier for urban commuters, FLIT is positioned to take advantage of the growing e-bike market.