Upway
9 known investors
Upway sells refurbished electric bikes that are inspected and repaired by professional mechanics, offering them with a one-year warranty and home delivery. It also buys back used e-bikes from individuals and professionals (rental companies, leasing firms, distributors) and operates through a network of partner shops in France.
Circular EconomyMarketplacesMobility & Transportation
Founders & leadership
Investors · 9
Korelya CapitalParis
Wind VentureParis
A.P. Moller Holdingreported · 2 sourcesCopenhagen
ACE & CompanyreportedNew Yorkvia Sherif El Halwagy · inferred
Ora GlobalreportedNew York
Sequoia Capitalreported · 2 sourcesMenlo Park · $4.4M – $214M
SignalRankreported
Also in the syndicate · 2
A.P. MollerleadGalvanize
Funding
SEC filings, press & company announcements$60M disclosed across 1 round · 2025
- $60MSeries CNov 2025 · 5 sources
A.P. Moller (lead), A.P. Moller Holding (lead), Galvanize, Ora Global, Sequoia Capital
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Upway do?
- Upway sells refurbished electric bikes that are inspected and repaired by professional mechanics, offering them with a one-year warranty and home delivery. It also buys back used e-bikes from individuals and professionals (rental companies, leasing firms, distributors) and operates through a network of partner shops in France.
- Who founded Upway?
- Upway was founded by Toussaint Wattinne, Stéphane Ficaja.
- Who are Upway's investors?
- Upway's investors include Korelya Capital, Wind Venture, A.P. Moller Holding, ACE & Company, Ora Global, Sequoia Capital, SignalRank.
- How much funding has Upway raised?
- Upway has disclosed $60M raised across 1 round.