Home 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

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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.
Abu Dhabi (LOCATION) Mubadala (PERSON) Dubai (LOCATION) Ladi Delano (PERSON) Bloomberg News (ORG)
Originally published by Bloomberg Technology Read original →