Moove Secures $250 Million to Expand AV Infrastructure
Autonomous vehicle mobility specialist Moove has raised $250 million in Series C funding at a valuation of $2.1 billion. The round was led by Mubadala Investment Company and co-led by Woven Capital, Toyota's Growth Fund, and Ion Pacific. The funding will boost Moove's AV expansion, including autonomous fleet ownership and establishing 'Nests' depot infrastructure, as well as expansion into new markets, including AV workforce growth of more than 220% to approximately 500 by the end of 2026.
Impact and considerations
Moove's funding reflects investment trends in autonomous mobility infrastructure, relevant for ground transportation and mobility services.
Key points
- Moove raised $250 million in Series C funding at a $2.1 billion valuation.
- Round led by Mubadala, co-led by Woven Capital, Toyota's Growth Fund, and Ion Pacific.
- Funding to expand autonomous fleet and establish 'Nests' infrastructure.
- Plans to grow AV workforce by over 220% to approximately 500 by end of 2026.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 7 Aug 2026, 19:40
- Page published
- 13 Aug 2026, 08:08
- Last updated
- 7 Aug 2026, 19:40
- Original links
- PhocusWire All News：Moove secures $250 million to expand AV infrastructure (opens in a new tab)Primary source · en · Published 7 Aug 2026, 19:40