2023-12-10 08:00:35
From the red suburbs to the City of Angels: from the industrial zone of Gennevilliers, Upway, the start-up specializing in the reconditioning of electric bicycles, is taking off. Two years after its birth, the company founded by Stéphane Ficaja and Toussaint Wattinne is in excellent health and is beginning to conquer the world.
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Entrepreneurs collect used electrically assisted bicycles (VAE) to refurbish and resell them. The SME had already raised 30 million dollars in two fundraising rounds, at its creation (5 million) and in spring 2022 (25). The third, a few days ago, allowed them to double the stake (30 more), with one objective: to establish themselves near Los Angeles.
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