TechCrunch·4 min read·medium
Moove raises $250M to become the backbone of the robotaxi industry
K
Kirsten Korosec
✦AI Summary
Moove has raised $250 million in a Series C funding round to expand its vehicle financing and fleet management business into the autonomous vehicle sector. The company is leveraging its experience in human-driven ride-hailing to become a fleet operator for partners like Waymo.
Moove’s evolution from a vehicle financing startup to ride-hailing and deliveries in Africa to one that also owns and autonomous vehicles may seem like a leap. But co-founder and co-CEO Ladi Delano said the experience in financing and human-driven ride-hailing fleets was the ideal training ground for its latest pursuit.
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