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MOOVE RAISES $250M FOR AUTONOMOUS VEHICLE INFRASTRUCTURE

Dubai-based fleet management startup Moove secured $250 million in Series C funding led by Abu Dhabi's Mubadala sovereign wealth fund, bringing its valuation to $2.1 billion. The capital will fund development of autonomous vehicle "nests"—dedicated docking infrastructure for self-driving cars.

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Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala at a $2.1B valuation to build autonomous vehicle "nests" for docking (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg: Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala a…

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