Market2026-08-05

Moove, founded in Nigeria in 2020 and now headquartered in Dubai, raised a $250 million Series C at a $2.1 billion valuation, led by Mubadala Investment Company with Woven Capital and Ion Pacific as co-leads and participation from BlackRock, MUFG, Franklin Templeton, Uber, Endeavor Catalyst and others. The company operates a 42,000-vehicle human-driven ride-hailing fleet across 14 countries with 3,300 employees, and serves as Waymo's fleet operator in Phoenix, Miami and Las Vegas, with London planned. Co-CEO Ladi Delano said Moove intends to use debt financing to eventually buy Waymo robotaxis outright and already owns robotaxis from an undisclosed AV developer. The capital funds about 350 new hires and automated "nest" depots using robotics for charging, maintenance and servicing; roughly 15 depots are in development.

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