Upway raises €54.0M Series C round
6 November 2025· Gennevilliers, France· mobility, e_commerce, electric_vehicles, circular_economy, b2c, software_hardware
To accelerate industrial and digital expansion, support the rollout of new digital services (financing, insurance, maintenance, subscription options), expand across the US and Europe, open new UpCenters, and aim to refurbish one million e-bikes by 2030.
Investors
LeadA.P. Moller Holding
Also participating
Sequoia CapitalKorelya CapitalExor VenturesGalvanizeOra GlobalTransitionOrigins
About Upway
Stage
Series C
Headquarters
Gennevilliers, France
Founded
2021
Team Size
51–200
Sectors
mobilitye_commerceelectric_vehiclescircular_economyb2csoftware_hardware