# Upway funding: rounds and investors > Upway has raised $75M across 2 rounds since 2023. Investors include Sequoia Capital, Global Founders Capital and Founders. Every round with its source. Source: https://millionrounds.com/company/upway (Millionrounds; every figure on the page links to its filing or article) France · [Series C startup](https://millionrounds.com/companies) # 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. Automotive & EVs Climate Tech E-commerce Raised 12 months ago Follow Upway and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fupway) Funding summary Updated 5 Nov 2026 **$75M** raised across 2 rounds since 2023, from 4 sources **$30M** Series B **$45M** Series C - **Latest round:** Series C, $45M Nov 2025 - **Led by:** A.P. Moller Capital - **Step-up i:** 1.5× - **Investors:** 6 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2024 2025 **$30M** Series B **$45M** Series C - **First round:** Series B, $30M - **Biggest round:** $45M - **Between rounds:** 2 years ## The rounds - **Nov 2025** Series C **$45M** *3 new* *3 returning* [A.P. Moller Capital](https://millionrounds.com/fund/a-p-moller-capital) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Galvanize](https://millionrounds.com/fund/galvanize) [Founders](https://millionrounds.com/fund/founders) [Ora Global](https://millionrounds.com/fund/ora-global) Reported by A.P. Moller Holding and 2 others SEC filing: $45M sold, first sale Sept 2025 - **Nov 2023** Series B **$30M** *3 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Founders](https://millionrounds.com/fund/founders) Source recorded SEC 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 B** 2023 **Series C** 2025 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Founders](https://millionrounds.com/fund/founders) [A.P. Moller Capital](https://millionrounds.com/fund/a-p-moller-capital) L [Galvanize](https://millionrounds.com/fund/galvanize) [Ora Global](https://millionrounds.com/fund/ora-global) ## Everyone who backed them [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) VC firm **2** rounds [Founders](https://millionrounds.com/fund/founders) Accelerator **2** rounds [A.P. Moller Capital](https://millionrounds.com/fund/a-p-moller-capital) Private equity **1** round, led 1 [Galvanize](https://millionrounds.com/fund/galvanize) VC firm **1** round [Ora Global](https://millionrounds.com/fund/ora-global) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upway). ## 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. [Korelya Capital](https://millionrounds.com/fund/korelya-capital) VC firm Per its own site [Wind](https://millionrounds.com/fund/wind) VC firm Per its own site [Nordstar](https://millionrounds.com/fund/nordstar) VC firm Per its own site ## Quick answers about Upway ### 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. ### 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. ## Companies like Upway In the same sector, and raised in the last eighteen months. [**Elax Energy** $34M · Oct 2026](https://millionrounds.com/company/elax-energy)[**CarbonFarm** $7.8M · Oct 2026](https://millionrounds.com/company/carbonfarm)[**Syntetica** $35M · Jul 2026](https://millionrounds.com/company/syntetica)[**Carsup** $14M · Jul 2026](https://millionrounds.com/company/carsup)[**Constellium** $288M · May 2026](https://millionrounds.com/company/constellium)[**Ellipse Bikes** $1.7M · May 2026](https://millionrounds.com/company/ellipse-bikes) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app