Vehicle-financing and fleet-management startup Moove closes a $250 million funding round led by Abu Dhabi sovereign wealth fund Mubadala, valuing the company at $2.1 billion. Multiple outlets describe the round as a Series C, though the specific naming varies by publication. Co-leaders include Woven Capital, Toyota’s growth fund, and Ion Pacific, with other participating investors also reported by some sources, including BlueCrest Capital Management, Sona Asset Management, and Raptor Group.
The company says the new capital supports scaling its fleet-management operations tied to autonomous and robotaxi deployments. Coverage also notes Moove is expanding beyond vehicle services and fleet operations, including plans to add services for self-driving cars and to enter new geographies. TechCrunch additionally reports that Moove aims to develop from managing robotaxi fleets toward someday owning robotaxis, citing Waymo as an example. Overall, the sources agree on the round size, the Mubadala leadership, the $2.1 billion valuation, and the emphasis on building infrastructure for autonomous mobility while expanding its broader footprint.
