Startup Dossier
Upway
Global leader in professionally refurbished e-bikes, building the world’s largest circular mobility network. Upway buys used e-bikes, refurbishes them to high industrial standards, and sells them online with warranty and delivery. Operating across nine countries, it aims to give new life to one million e-bikes by 2030 and expand services like financing, insurance, maintenance, and subscriptions.
About
Global leader in professionally refurbished e-bikes, building the world’s largest circular mobility network. Upway buys used e-bikes, refurbishes them to high industrial standards, and sells them online with warranty and delivery. Operating across nine countries, it aims to give new life to one million e-bikes by 2030 and expand services like financing, insurance, maintenance, and subscriptions.
Structural DNA
Legal Name
Upway
SIREN
904972536
Founders & Team
Funding Lineage
Series C
A.P. Moller Holding (Lead)
€60.0M
Nov 2025
Series B
EXOR N.V. (Lead)
€27.7M
Nov 2023
Series A
EXOR N.V. (Lead)
€23.8M
May 2022