AP Moller led a $60m Series C round in Upway.

AP Moller, a privately held investment company, led a $60m Series C round in Upway, an international platform for professionally refurbished e-bikes, with participation from Galvanize, Ora Global, and Sequoia Capital. "This round allows us to scale that vision and make second-hand the first choice for millions of riders. We're building the industrial and technological infrastructure that gives e-bikes a second life, with the same quality and safety standards as new ones. We're excited and ready to continue establishing this entirely new category: one that combines purpose with performance and sustainability with scale," Stéphane Ficaja and Toussaint Wattinne, Upway Co-Founders.