Upway
Building the largest marketplace for reconditioned e-bikes, making electric mobility more affordable and reducing waste
Building the largest marketplace for reconditioned e-bikes, making electric mobility more affordable and reducing waste
Upway is a French e-commerce startup founded in 2019 with the slogan "Building the largest marketplace for reconditioned e-bikes, making electric mobility more affordable and reducing waste." The company's mission is to accelerate e-bike adoption and reduce waste by creating the largest marketplace for reconditioned e-bikes, thus giving a new life to millions of great products. The company recently secured a significant €27.60M Series B investment on 16 November 2023 from Korelya Capital, Transition, Sequoia Capital, and Exor Ventures. Upway is at the forefront of making electric mobility more accessible and environmentally friendly. With their innovative approach, the company aims to revolutionize urban transportation and contribute to a sustainable future.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | €27.60M | 4 |
|
16 Nov 2023 |
| Series A | $25.00M | 5 |
|
31 May 2022 |
| Seed Round | €5.00M | 1 | Sequoia Capital | 29 Nov 2021 |
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