Upway raised $30 million in a Series B round led by Sequoia and Korelya Capital to expand its global platform for refurbished e-bikes.
Upway raised $30 million in a Series B round led by Sequoia and Korelya Capital to expand its global platform for refurbished e-bikes.
02/17/25, 7:18 AM
Location
parisMoney raised
$30 million
Round Type
series b
Investors
Korelya Capital, Sequoia
Upway, the e-bike refurbishment platform, has successfully raised $30 million during its Series B funding round. With this funding, the company aims to bolster its growth and expand into new markets, further enhancing its operations and increasing the number of available e-bikes on its platform.
Company Info
Location
paris, ile de france, france
Additional Info
Upway was founded in 2021 by Toussaint Wattinne and Stéphane Ficaja. Offering certified electric bikes from a large selection in a convenient way, Upway delivers electric bikes directly to homes at an affordable price, after a careful certification process by a team of professional mechanics. Upway offers consumers the opportunity to purchase a used electric bike under a one-year warranty – supporting a mission of sustainability, reliability, trustworthiness and mobility for the masses. Currently, the certified electric bikes are delivered to homes in just a few days, available in France, Belgium, Netherlands, Germany, and the United States, are sold via the company's own online store and offer free 14 day returns