Fundz

FLIT raised £1.2M in a funding round led by ACF Investors and Cambridge Angels to enhance urban mobility with lightweight folding electric bikes.

PRIVATEFeb 17, 2025

Amount Raised

£1.2 Million

Round Type

Seed

CambridgeManufacturingAutomotive

Investors

Tony PurnellACF InvestorsCambridge Angels

Description

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.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as FLIT that raised within 45 days of this round, from Fundz verified event records.

  • Also raised $105M (Series B) on March 26, 2025.
  • PULSETRAIN raised $6.7M (Seed) on March 19, 2025.
  • Quantum Space raised an undisclosed amount (Funding Round) on March 11, 2025.
  • OpConnect raised $1.5M (Seed) on February 24, 2025.
  • CapGrid Solutions raised $5M on February 12, 2025.
  • Endera raised $49M (Funding Round) on February 11, 2025.

Who to call at FLIT, and when

A new round usually means FLIT is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day FLIT raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at FLIT, from your own LinkedIn network

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Company Information

Company

FLIT

Location

Cambridge, England, United Kingdom

About

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.

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FLIT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.