Upway, founded in 2019 in France, is on a mission to transform urban transportation by building the largest platform for reconditioned e-Bikes. Their slogan, "Building the largest platform for reconditioned e-Bikes, making electric mobility more affordable and reducing waste," encapsulates their dual focus on increasing access to electric mobility and promoting environmental sustainability.
Operating in the E-Commerce industry, Upway seeks to accelerate the adoption of e-bikes, offering cost-effective options for those looking to transition away from car dependence. The company recently secured a substantial $60.00M Series C investment on 07 November 2025, with participation from prominent investors such as Origins, Galvanize, AP Moller Holding, Korelya Capital, Transition, Ora Global, Sequoia Capital, and Exor Ventures. This investment underlines the robust confidence and support from the venture capital community, emphasizing its growth potential and strong market position.