Upway lands $25 million to sell more refurbished electric bikes

French startup Upway has raised a $25 million Series A round led by Exor Seeds and Sequoia Capital. The company sells second-hand electric bikes that have been refurbished and are ready to roll.
In many ways, Upway reminds me of online marketplaces for cars. The startup provides a seamless experience for buyers who want to buy an electric bike but don’t want to pay the full price of a new electric bike.
Behind the scenes, Upway buys electric bikes from both consumers and companies. The team brings those bikes to its warehouse, checks them, repairs them in some cases and lists them on their web

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