Moove Raises $250M Series C at $2.1B Valuation

Moove, a Nigerian-founded mobility fintech company that provides vehicle financing for mobility entrepreneurs, has raised $250 million in a Series C funding round. This latest investment brings the company's total funding to over $710 million, cementing its position in the mobility finance market with a valuation of $2.1 billion.

Investors

The round was led by Mubadala Investment Company, Woven Capital, and Ion Pacific, with participation from BlueCrest Capital Management and Sona Capital.

Moove Use of Funds

Moove plans to use the new capital to expand its autonomous vehicle business and build additional robotics-first Nests infrastructure. Additionally, the funding will support market expansion and facilitate significant growth in the company's autonomous mobility workforce, aiming to increase personnel from 150 to 500 by year-end.

About Moove

Founded in 2020 by Ladi Delano and Jide Odunsi, Moove offers revenue-based vehicle financing by embedding alternative credit scoring technology into ride-hailing platforms. The company utilizes proprietary performance and revenue analytics to underwrite mobility entrepreneurs who have historically lacked access to traditional financial services.

Funding Details

Company Website: https://moove.io

Company: Moove
Raised: $250M
Round: Series C
Funding Date: August 2026
Lead Investor: Mubadala Investment Company, Woven Capital, Ion Pacific
Additional Investors: BlueCrest Capital Management, Sona Capital
Software Category: Fintech
Source: https://disruptafrica.com/2026/08/06/nigerian-mobility-startup-moove-raises-250m-series-c-funding-round/