Cambridge-based Flit has recently secured an impressive investment of £1.2 million to propel the production of its innovative folding electric bikes. The company is ready to take on the bicycle industry giant Brompton with its pioneering light-weight and non-welded frame design.

Founded by three University of Cambridge graduates, Flit has been making waves in the cycling world with its sleek and versatile folding bikes. The team behind Flit has combined their engineering expertise and passion for cycling to create a truly innovative product that is set to revolutionize the way we commute.

The fresh injection of funds is expected to boost the production and availability of Flit’s electric bikes both in the UK and international markets. This comes as great news for cycling enthusiasts and commuters who are looking for a faster, more efficient mode of transportation. Flit’s folding electric bikes offer the perfect solution for urban living, where space and time are of the essence.

What makes Flit’s bikes stand out in a highly competitive market is their unique and lightweight design. Unlike traditional folding bikes, Flit’s bikes do not have a heavy, bulky frame that adds to the weight and makes them difficult to carry around. Instead, the team at Flit has come up with an innovative non-welded frame design that uses aerospace-grade aluminium tubing. This makes their bikes incredibly light, weighing only 14kg, and easy to handle, even when folded.

But it’s not just the light-weight design that sets Flit’s bikes apart. They also come equipped with an efficient and powerful electric motor that can reach a speed of up to 15.5mph, making them perfect for the daily commute. The bikes also have a range of 30 miles per charge, making them a practical and eco-friendly alternative to traditional modes of transportation.

With the latest investment, Flit plans to expand its production and improve its distribution channels to meet the growing demand for its electric bikes. This will not only benefit cyclists but also the environment, as more people switch to environmentally friendly modes of transportation.

Flit’s success story is a testament to the potential of small start-ups to make a big impact in the market. The company was founded in 2018 with the help of a crowdfunding campaign and has since received support from various investors, including the University of Cambridge’s Enterprise Fund.

The team at Flit is thrilled about the latest investment and the opportunity to challenge Brompton’s dominance in the folding bike market. Brompton, a British manufacturer, currently holds over 50% of the market share for folding bikes in the UK and has a strong presence in international markets as well. But Flit is confident in its unique design and cutting-edge technology, which has already received rave reviews from early adopters.

The competition between Flit and Brompton is not just about business; it’s also about promoting a healthier and more sustainable mode of transportation. As more and more people start to realize the benefits of cycling, the demand for innovative and efficient bikes like Flit’s is bound to increase. And with Flit’s user-friendly and convenient design, it’s no surprise that they are gaining popularity among commuters.

The road ahead for Flit looks promising, with plans to expand into other markets and develop new products. The company is also committed to supporting local communities and creating job opportunities in Cambridge, where it is based.

In conclusion, Flit’s recent success is a testament to the power of innovation and determination to bring positive change. With its revolutionary folding electric bikes, Flit is determined to make a mark in the cycling industry and inspire others to choose a greener and healthier mode of transportation. We can’t wait to see what the future holds for Flit, and we’re sure it will be nothing short of amazing.