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November 16, 2023

How Sequoia-backed e-bike refurbisher Upway raised $30m in a micromobility slowdown

The French startup has raised a $30m Series B while some competitors struggle through a difficult time

French startup Upway, which sells refurbished e-bikes, has raised a $30m Series B — a fresh injection of cash that comes even as some better-funded players in the micromobility sector are facing a tough year.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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