Daily News – 6 November 2025
About this episode
Upway closes Series C of $60M at $400M valuation to scale e-bike refurbishment; PhysicsX reaches up to $100M from NVIDIA across Series B extension and next-round rights; BTRY (ETH/Empa) raises €4.9M for ultra-thin solid-state batteries. This episode's main theme is startup funding. Central thesis: Upway closes Series C of $60M to scale e-bike refurbishment. What are we specifically covering? Upway is a startup focused on e-bike refurbishment, while PhysicsX is raising funding for advanced technologies, and BTRY focuses on ultra-thin solid-state batteries. European perspective: The e-bike and innovative battery market is growing in Europe, where sustainability and electric mobility are strategic priorities. Strategic implications: Expansion in e-bike market and innovative batteries. Key players: Upway, PhysicsX, BTRY.
Europe's most interesting startup stories. Every week.
No spam. Unsubscribe anytime.
Main news
Startups mentioned
PhysicsX
PhysicsX, based in London, builds AI that predicts the physical behaviour of components and processes. Its $300 million Series C (08/06/2026) valued it at about $2.4 billion.
BTRY
BTRY uses a proprietary vacuum production process to create solid-state batteries of any shape, with ultra-fast charging, safety at extreme temperatures and an ultra-thin form factor for wearables, sensors and industrial applications.
Upway
Paris-based company that refurbishes used e-bikes in its own industrial hubs and sells them online with a one-year warranty. It raised $60 million in November 2025.
Why they matter
Espansione nel mercato delle e-bike e delle batterie innovative.