Series C · Mobility & Transport · Paris, France · Founded 2021 · 100–250 employees
Upway is Europe's leading marketplace for refurbished electric bicycles, making sustainable mobility more affordable by giving e-bikes a second life. Founded by two ex-Uber executives in 2021, the company has rapidly expanded from its Paris headquarters to operate in nine countries including the US. The startup has raised $120 million across four funding rounds from top investors like Sequoia Capital and Korelya Capital. With over 100,000 e-bikes already refurbished and sold, Upway aims to put over one million e-bikes back on the road by 2030.