Tech Company Financing Transactions
Upway Funding Round
On 11/16/2023, Upway raised $30 million in Series B funding from Korelya Capital.
Transaction Overview
Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Korelya Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its consumer offerings as well as support the brand's continued growth in the United States, specifically to the West Coast.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
231 Rue Saint Honore
Paris, 75001
France
Paris, 75001
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Upway is the guarantee of buying and selling your electric bike well. Our goal: to make the electric bicycle accessible to as many people as possible by offering affordable bicycles, delivered to their homes and guaranteed for 1 year.
Management Team
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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