Moove, a vehicle-financing and fleet-management company focused on autonomous mobility, raises $250 million in a new funding round that values the company at $2.1 billion. Multiple outlets report the round is led by Abu Dhabi sovereign wealth fund Mubadala, with additional investors including Toyota’s growth fund (through Woven Capital) and Ion Pacific. The investment is described as a Series C in one report.
The proceeds are intended to support Moove’s expansion of services tied to connected and self-driving vehicles, including adding capabilities for self-driving car operations. The company also plans to grow into new geographic markets, with coverage framing the fundraising as part of a broader shift from early autonomous technology development toward scaled deployment.
The reported terms and participant list are consistent across the sources, with all indicating Mubadala’s leadership and co-investors’ participation alongside Moove’s stated focus on building infrastructure for autonomous mobility.
