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Moove Secures $250 Million to Expand AV Infrastructure

1reports1reporting sources2026-08-07Update

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Moove's funding reflects investment trends in autonomous mobility infrastructure, relevant for ground transportation and mobility services.

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8月7日
  1. PhocusWire All News
    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.