Moove raises $250M to expand autonomous vehicle infrastructure

Dubai-based mobility company Moove raised $250 million in Series C funding at a $2.1 billion valuation, led by Mubadala Investment Company and co-led by Woven Capital. The funds will boost autonomous fleet ownership, establish 'Nests' depot infrastructure, and expand into new markets, with AV workforce growth of over 220% to approximately 500 by end of 2026.