Cambridge-Based Flit Raises £1.2 Million to Compete with Brompton in Folding E-Bike Market
Flit, a Cambridge-based engineering company that specializes in folding electric bikes, is gearing up to challenge the market leader Brompton after securing £1.2 million ($1.5 million) in new funding. The company’s rapid growth has been fueled by a surge in demand for its bikes, with customers now facing a waiting list of up to four…
