Investment boost for firm that reconditions e-bikes – TransportXtra
16 June 2022
Upway, a start-up that sells reconditioned electric bikes, has raised $25m (£20m) led by investors Exor Seeds and Sequoia Capital.
The French company says it is making e-bikes more affordable and contributing to reducing waste. It believes it can contribute a modal shift where cars become the exception and e-bikes are the norm.