Business & Finance
Moove Hits $2.1 Billion Valuation in Mubadala-Led Fundraising
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Moove Hits $2.1 Billion Valuation in Mubadala-Led Fundraising Moove has closed a $250 million investment round led by Abu Dhabi sovereign wealth fund Mubadala, which will help the vehicle-financing and fleet-management startup add services for self-driving cars and expand into new geographies. The round values the Dubai-based company at $2.1 billion, Co-Chief Executive Officer Ladi Delano said in an interview, confirming an earlier Bloomberg News report.
Moove Hits $2.1 Billion Valuation in Mubadala-Led Fundraising
Moove has closed a $250 million investment round led by Abu Dhabi sovereign wealth fund Mubadala, which will help the vehicle-financing and fleet-management startup add services for self-driving cars and expand into new geographies.
The round values the Dubai-based company at $2.1 billion, Co-Chief Executive Officer Ladi Delano said in an interview, confirming an earlier Bloomberg News report.