FundedIQ
Manufacturing

FLIT: Funding, Investors & Team (Sep 2026)

FLIT is focused on creating lightweight folding electric bikes (e-bikes) specifically designed for city dwellers who need an efficient mode of transportation.

flit.bike LinkedIn Cambridge, United Kingdom 1-10 employees
Electric Vehicle Manufacturing
Total raised
$1.5M
Rounds
1
Latest
Undisclosed round
Feb 2025

FLIT has raised $1.5M across 1 funding round on record, the most recent an undisclosed round of $1.5M announced in Feb 2025.

That round is below the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.

FLIT Company Profile and Key Stats

Total funding raised
$1.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$1.5M in Feb 2025
Employees
1-10
reported band
Headquarters
Cambridge, United Kingdom

Latest funding round on record: Feb 2025.

FLIT Funding Rounds

Date
Round
Amount
Undisclosed round
$1.5M

FLIT Founders and Leadership Team

Name
Role
Contact
Ashish Sangai
Founder

No contact details are on record for this team yet.

FLIT Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
5,273
$4.0M

FLIT's latest round of $1.5M is below the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like FLIT in Manufacturing and Cambridge

Companies Similar to FLIT

Advanced Electric Machines (AEM) develops and manufactures eco-friendly electric motors and powertrain…

Undisclosed round $21.5M

Rad Propulsion is a manufacturer and distributor of a wide range of electric marine propulsion products,…

Undisclosed round $5.0M

Acrol Air Conditioning specializes in the design and installation market for marine air conditioning and…

Undisclosed round $400k

Rautomead is an experienced supplier of continuous casting technology for non-ferrous alloys.

Undisclosed round $4.6M

Circular 11 uses low-grade plastic waste in-order to create building materials and end-use products.

Undisclosed round $3.2M

Supercritical helps businesses measure, reduce, and offset their climate impact in weeks without the need for…

Undisclosed round

Cerca Magnetics offers magnetic field detectors, background magnetic field control, and system integration…

Series A $5.1M

Faraday Predictive specializes in predictive maintenance for industrial assets like rotating machinery.

Undisclosed round $30k

1st Choice Accident Repair Centre is a motor vehicle manufacturing company.

Undisclosed round $810k

StirLight is a manufacturing company that focuses on friction stir welding a solid‑state joining process used…

Pre-Seed $1.0M

FluoRok is changing the way fluorochemicals are manufactured on a global scale.

Undisclosed round $810k

Zircotec is a specialist heat management company that was formally part of the UK Atomic Energy Authority,…

Undisclosed round $810k

FLIT Funding FAQs

What does FLIT do?

FLIT is focused on creating lightweight folding electric bikes (e-bikes) specifically designed for city dwellers who need an efficient mode of transportation.

How much funding has FLIT raised?

FLIT has raised $1.5M across 1 round on record. The most recent is an undisclosed round of $1.5M announced in Feb 2025.

When did FLIT last raise funding?

FLIT's most recent funding round on record is an undisclosed round of $1.5M, announced in Feb 2025.

Who founded FLIT?

FundedIQ lists Ashish Sangai (Founder) at FLIT.

Where is FLIT headquartered?

FLIT is based in Cambridge, Cambridgeshire, United Kingdom.

How many employees does FLIT have?

FLIT is in the 1-10 employee band.

How does FLIT's funding compare to other Manufacturing startups?

FLIT's latest round of $1.5M is below the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's FLIT Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FLIT is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.