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Why It Matters
The $60 million injection gives Upway the resources to scale its sustainable mobility platform, intensifying competition in the e‑bike market and supporting the broader shift toward refurbished, environmentally friendly transportation solutions.
Deal Summary
Upway, the global leader in professionally refurbished e‑bikes, announced the closing of a $60 million Series C financing round, marking a significant capital raise to fuel its growth and expansion plans.
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