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Moove raises $250M to become the backbone of the robotaxi industry

CN
CitrixNews Staff
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Moove raises $250M to become the backbone of the robotaxi industry

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.

And now, it has raised $250 million at a $2.1 billion valuation to scale that business.

Originally reported by TechCrunch. Read the full story at the original source.