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Moove has raised a $250 million Series C at a $2.1 billion valuation to support their next phase of growth in autonomous mobility. Since leading Moove’s first institutional round, we’ve seen the team build a global platform redefining access to mobility, starting with revenue-based vehicle financing and evolving into a full-stack infrastructure layer for mobility platforms. Through deep partnerships with Uber and Waymo, Moove is helping power both today’s ride-hailing ecosystems and the rollout of autonomous fleets globally. In just six years, Moove has grown from 76 vehicles in Lagos, Nigeria, to more than 42,000 vehicles across 29 cities in 13 countries, reaching more than $400 million in ARR. Stefan Klestil, GP Sif and Moove Advisory Board Member, says: "When we first met Ladi and Jide six years ago, it was immediately clear that they were exceptional founders determined to build and scale a unique mobility business starting in Africa. They have exceeded all expectations, growing Moove into a global mobility leader alongside some of the greatest mobility brands like Uber and Waymo. We are very proud to have supported Moove from the beginning and will continue to do so from the advisory board." The funding round was led by Mubadala and co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific. It’s one of the largest-ever for an African-born company and a strong signal that the next generation of global technology companies can be built far beyond traditional tech hubs. Read more from Bloomberg in the comments.

From Africa to a $2.1 billion global mobility platform partnering with Uber and Waymo. How did Moove do it? Over the past five years, Ladi, Jide, and the team have gone from financing vehicles for drivers in Lagos to becoming Uber’s largest global fleet partner and managing Waymo’s fleets in Phoenix, Miami, and London, with more global cities to follow. Following Moove’s $250 million Series C announcement earlier this week, Alvaro and Stefan from our Middle East, Africa and Beyond investment team share the behind-the-scenes story of Moove’s growth, one we’ve been part of since leading the company’s first institutional round in 2021. Read our step-by-step look at how Moove became a leader in the infrastructure race required to scale autonomous mobility. The link is in the comments.

Nigerian-founded mobility company Moove has raised $250 million in Series C funding, led by Mubadala Investment Company and co-led by Toyota’s Woven Capital and Ion Pacific, taking its valuation to $2.1 billion. Founded in Lagos in 2020 by Ladi Delano and Jide Odunsi, Moove has grown to roughly 42,000 vehicles across 29 cities in 13 countries and is now expanding into autonomous fleet management and robotics-enabled depots. The funding will also increase its autonomous-vehicle team from about 150 to 500 employees by year-end. The funding strengthens Moove’s position in the global mobility industry while highlighting the growing investment potential of autonomous transportation. Can Moove turn this capital into a profitable global autonomous fleet business? Read the full story👉— https://lnkd.in/dFqM2BZ6 #villpress #moove

Moove has announced its $250mn Series C raise led by Mubadala and co-led by Woven by Toyota and Ion Pacific at a $2.1bn valuation. The round also drew BlackRock, MUFG, Franklin Templeton, Uber, Ontario Power Generation pension plan and other institutional investors, underscoring the depth of capital chasing autonomous mobility infrastructure. The capital will fund Moove's autonomous fleet ownership and its "Nests," robotics-first depots where AV fleets are charged, serviced and orchestrated around the clock. It also backs new market launches and a planned tripling of Moove's AV workforce by year's end. #AutonomousVehicles #Mobility #VentureCapital #SeriesC

Moove Raises $250 Million Series C Led by Mubadala to Expand Autonomous Mobility Infrastructure Moove has secured $250 million in Series C funding led by Mubadala Investment Company, reaching a $2.1 billion valuation. The investment will accelerate the company's autonomous mobility strategy by expanding self-driving fleets, scaling its "Nests" infrastructure, growing its workforce, and supporting international market expansion through its partnership with Waymo. Read more: https://lnkd.in/eY-kNXtD #DigitalLending #B2BFinTech #FinancialInclusion #SupplyChainFinance #EastAfrica #SMEFinance

Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Investment and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, to accelerate the expansion of its autonomous mobility platform. The funding will support autonomous fleet ownership, robotics-first charging and maintenance hubs, and global market expansion, reinforcing Moove’s vision of building the infrastructure powering the future of autonomous transportation. Details:https://lnkd.in/eQSrNEyK Moove Mubadala Waven Toyota Qatar Waymo #fintechinsights #MobilityTech #AutonomousVehicles #VentureCapital #FutureOfMobility

From 76 cars on the road in Lagos to a $2.1 billion valuation! Six years after Moove began its journey in Nigeria, the company has raised $250 million in a Series C round to scale its vision for the future of mobility. Today, Moove operates a 42,000-vehicle fleet across 14 countries, providing the infrastructure behind ride-hailing while building into the next frontier of mobility: autonomous vehicles. Through its partnership with Waymo, Moove is already operating autonomous fleets in multiple U.S. cities, with London on the horizon. The company is now building the infrastructure, operations and technology needed to support autonomous mobility at scale. We are particularly proud to see Endeavor Catalyst participate in this latest round. As Endeavor’s rules-based, co-investment fund, Catalyst invests in companies led by Endeavor Entrepreneurs, backing founders as they scale from their local markets into global businesses. In 2025, we selected Moove into the Endeavor network, with co-founder and Co-CEO Ladi Delano becoming an Endeavor Entrepreneur. This year, Moove was also selected as one of the 2026 Endeavor Outliers, recognising the company among the highest-performing scaleups in our global network. From Lagos to the world, Moove continues to demonstrate what building “Elsewhere” can look like. Congratulations to Ladi, Jide and the entire Moove team on this remarkable milestone. #Endeavor #EndeavorCatalyst #Moove #Mobility #EndeavorNigeria #Elsewhere #LadiDelano #EndeavorOutliers #EndeavorEntrepreneurs Jackie Carmel Allen Taylor Michele Wanjiku Ireayomide O

Moove is officially a #Unicorn! 🦄✨ Global #Mobility company #Moove has raised $250M in #SeriesC funding at a $2.1B valuation, making it one of the latest #MobilityStartups to cross the $1B valuation mark. #FundingNews Mubadala Investment Company led the round, with Woven Capital, Toyota's Growth Fund, and Ion Pacific co-leading, plus participation from BlueCrest Capital Management and Sona Capital, Inc. Founded by Jide Odunsi and Ladi Delano, Moove is now moving beyond traditional #RideHailing and positioning itself as an infrastructure company for #AutonomousMobility. The scale is already significant: 🚗 42,000 vehicles 🌍 29 cities across 13 countries 👥 3,300 employees 💰 ~$420M annual recurring revenue 🤖 Autonomous operations already live in Phoenix and Miami The new funding will help Moove: ⚡ Expand #AutonomousVehicle fleets 🏗️ Build robotics-first "Nests" for charging and maintenance 🌍 Enter new markets 👥 Grow its autonomous workforce by 220%+ 🔧 Build the operational infrastructure needed for 24/7 autonomous fleets Moove is betting that #InfrastructureLayer will become a massive business in its own right. 📌 Full story: https://lnkd.in/g7pK8B8H 📈 Check out Moove's startup profile, investors, funding rounds, and growth story here: https://lnkd.in/gcJvj2eG ━━━━━━━━━━━━━━━━ #MobilityTech #UnicornStartup #FutureOfMobility #NigerianStartups #LucidityInsights

Moove has entered unicorn territory after raising $250 million in Series C funding at a $2.1 billion valuation. The round was led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific. It also brought in BlueCrest Capital Management, Sona Asset Management and The Raptor Group, adding to an investor base that includes BlackRock, MUFG, Franklin Templeton and Uber. Founded in Lagos in 2020, Moove began by addressing a core mobility constraint: ride-hailing drivers’ limited access to vehicle finance. Its model used platform earnings data rather than conventional credit scores to finance vehicles. Today, Moove operates approximately 42,000 vehicles across 29 cities in 13 countries and is extending its fleet-financing and operating capabilities into autonomous mobility. The new capital will support autonomous fleet ownership, global expansion and robotics-first “Nests” for charging, servicing and maintaining fleets. Through its partnership with Waymo, operations are live in Phoenix and Miami, with London announced next. At Double Feather Partners, this reinforces our Africa mobility and logistics thesis: the strongest businesses often integrate finance, physical assets, data, infrastructure and operations to move work at scale. Moove shows how solving a local African market constraint can create capabilities with global relevance. With Woven Capital, Toyota’s growth fund, co-leading the round, the milestone also highlights the growing potential for Africa–Japan collaboration in next-generation mobility. Congratulations to Ladi Delano, Jide Odunsi and the entire Moove team on this milestone. #AfricanTech #Mobility #Logistics #AutonomousMobility #VentureCapital

🇦🇪 UAE-headquartered mobility startup Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Financial Investment Company and co-led by Woven Capital (Toyota's growth fund) and Ion Pacific, with participation from BlueCrest Capital Management and Sona Capital, Inc. 📍 Founded in 2020 in Nigeria by Ladi Delano and Jide Odunsi, Moove builds the operating infrastructure for autonomous mobility, providing fleet ownership, management, charging, maintenance, and robotics-first depot infrastructure for autonomous vehicle fleets. 📌 The company currently operates around 42,000 vehicles across 29 cities in 13 countries, employs 3,300 people, generates $420 million in annual recurring revenue (ARR), and manages autonomous vehicle fleets through its partnership with Waymo in Phoenix and Miami, with London set to follow. 🔗 Read the full story: https://lnkd.in/egAWjQJu