Moove Raises $250 Million for Autonomous Infrastructure
The mobility firm secures new funding to expand its support facilities for self-driving vehicle operations.
Updated on Oct. 21, 2026 in Automotive — General
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Moove has raised $250 million in Series C funding to scale its infrastructure for autonomous vehicles. The company is now reportedly valued at $2.1 billion.
Why it matters
By providing facilities to charge, maintain, and dispatch self-driving cars, Moove aims to become a critical operational backbone for the autonomous mobility industry.
Moove currently manages 42,000 vehicles across 29 cities in 13 countries. The firm plans to increase its dedicated autonomous mobility workforce by more than 220%.
The players
Moove
A mobility firm founded in 2020 that manages a fleet of 42,000 vehicles and provides infrastructure for autonomous transport.
Mubadala
An investment firm that led the latest funding round for the mobility company.
Waymo
An autonomous driving technology development company that has established partnerships with Moove in Phoenix and Miami.
The details
Rather than building cars or software, Moove constructs dedicated facilities called Nests to manage fleet operations. These sites support existing partnerships with Waymo in Phoenix and Miami, with further expansion planned for London.
Timeline
October 2026: Moove raised $250 million in Series C funding.
2020: Moove was co-founded in Lagos.
Roadmap
This funding accelerates the shift toward specialized support facilities that are essential for the commercial viability of robotaxis. It positions Moove as a primary service provider in the evolving race to handle the logistics of autonomous fleets.
The expansion of these maintenance and charging facilities will likely influence the availability and reliability of autonomous mobility services in regions like London. Daily users of self-driving transit may experience more consistent vehicle uptime as the infrastructure supporting these fleets grows.
The takeaway
As autonomous technology matures, the success of these services relies as much on physical maintenance hubs as it does on software advancements. Investors are increasingly viewing fleet support infrastructure as a crucial pillar for the commercial scaling of self-driving transportation.
Further reading
Learn more about industry trends in the Automotive — General section.
Source note: This article includes information reported by Brand Spur.
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