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

Feb 17, 2025•10 months ago

Amount Raised

£1.2 Million

Round Type

seed

CambridgeAutomotiveManufacturing

Investors

Tony PurnellCambridge AngelsAcf Investors

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.

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.

Related People

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Funding Insights

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