France · 
Who invested in Upway?
Upway's investors include Sequoia Capital, Global Founders Capital, Founders, A.P. Moller Capital and Galvanize, and 1 more on record. A.P. Moller Capital led its latest round.
20242025
$30MSeries B$45MSeries CFrance · Series C startup
Who invested in Upway
2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 12 months ago
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Funding summaryUpdated 5 Nov 2026
$75Mraised across 2 rounds since 2023, from 4 sources
$30MSeries B$45MSeries C
- Latest round
- Series C, $45MNov 2025
- Led by
- A.P. Moller Capital
- Step-upi
- 1.5×
- Investors
- 6 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series B, $30M Nov 2023
- Biggest round
- $45M Series C · Nov 2025
- Between rounds
- 2 years from the last two
The rounds
- Nov 2025Series C$45M3 new3 returning
Reported by A.P. Moller Holding and 2 othersSEC filing: $45M sold, first sale Sept 2025
- Nov 2023Series B$30M3 new
Source recordedSEC filing: $26M sold, first sale Nov 2023
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Series B2023Series C2025
Sequoia Capital
Global Founders Capital
Founders
A.P. Moller CapitalL
Galvanize
Ora Global
Sequoia CapitalGlobal Founders CapitalFoundersA.P. Moller CapitalLGalvanizeOra GlobalEveryone who backed them
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Also claim to have backed them
These 3 firms list Upway as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Upway
How much has Upway raised?
Upway has raised $75M across 2 rounds since 2023.
When did Upway last raise?
Upway's most recent round was a Series C of $45M in Nov 2025, led by A.P. Moller Capital.
What was Upway's biggest round?
Its most recent round, $45M in Nov 2025, is also its largest on record.
Who backed Upway first?
Upway's first round on record, in Nov 2023, was backed by Sequoia Capital, Global Founders Capital and Founders.
What stage is Upway at?
Upway's latest named round is a Series C, in Nov 2025.
Where is Upway based?
Upway is based in France.
Who led Upway's rounds?
A.P. Moller Capital led the Series C in 2025.
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