The Moove robotaxi business has received a major boost after mobility infrastructure company Moove announced it has raised $250 million in Series C funding , as Tech Crunch reported , bringing its valuation to $2.1 billion. The latest investment, according to Moove’s official announcement , will support the company’s autonomous mobility ambitions by expanding fleet ownership, robotics-first infrastructure, and operations in new international markets.
Rather than focusing solely on autonomous driving software, Moove is building the infrastructure needed to keep robotaxi fleets operating efficiently. The company believes that charging facilities, maintenance operations, fleet orchestration, and continuous city-level support will become essential as autonomous transportation grows worldwide.
Funding to Expand Autonomous Operations
The newly raised capital will primarily strengthen the Moove robotaxi business by accelerating the deployment of autonomous fleet infrastructure.
One of the company’s biggest priorities is expanding its network of robotics-first operational hubs known as “Nests.” These specialized facilities are designed to charge, service, maintain, and coordinate autonomous vehicles, helping fleets remain available for continuous operation with minimal downtime.
In addition to infrastructure expansion, Moove plans to launch its autonomous mobility business in more cities around the world.
The company also expects significant workforce growth. Its autonomous vehicle team is projected to increase from approximately 150 employees today to around 500 by the end of the year, representing growth of more than 220%.
Strong Institutional Investor Support
The Series C funding round was led by Mubadala Investment Company, Woven Capital, Toyota’s Growth Fund, and Ion Pacific.
New investors joining the round include:
- BlueCrest Capital Management
- Sona Asset Management
- The Raptor Group
Existing investors also participated, including:
- BlackRock
- MUFG
- Franklin Templeton
- Uber
- Left Lane
- Silverbacks Holdings
- Square Associates
- The Latest Ventures
- Endeavor Catalyst
- Ontario Power Generation Pension Plan
The participation of both new and existing investors highlights continued confidence in Moove’s long-term strategy of supporting autonomous transportation through infrastructure rather than vehicle manufacturing alone.
Building the Infrastructure Behind Robotaxis
According to co-founder and co-CEO Ladi Delano, every major technological transformation eventually becomes an infrastructure challenge.
He compared autonomous mobility to earlier technology revolutions, explaining that while the internet required data centers and artificial intelligence required large-scale computing infrastructure, autonomous transportation depends on fleets, charging networks, maintenance facilities, operational software, and around-the-clock city operations.
Moove believes these supporting systems will play a critical role in enabling autonomous transportation to scale across major cities.
Waymo Partnership Supports the Moove Robotaxi Business
Through its partnership with Waymo, the Moove robotaxi business already serves as a third-party autonomous fleet operator, supporting fleet operations in Phoenix and Miami, with future operations planned in London.
As part of this collaboration, Moove helps manage the operational infrastructure needed to support autonomous vehicle fleets, including charging, maintenance, servicing, logistics, and fleet orchestration.
The partnership demonstrates how infrastructure providers can play an important role in helping autonomous mobility companies deploy and manage robotaxi services at scale.
Building on a Proven Mobility Platform
While the Moove robotaxi business represents the company’s next phase of growth, Moove continues to operate its established human-driven mobility platform. Since its launch in 2020, the company has developed the capital, fleet management, and operational expertise required to deploy transportation services at scale.
Today, Moove employs approximately 3,300 people globally and manages around 42,000 vehicles across 29 cities in 13 countries. The company has expanded both organically and through strategic acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan.
According to Moove, its move into autonomous mobility is not a departure from its original mission but an extension of the operating model it has refined over the past five years. The experience gained from managing human-driven fleets is now being applied to autonomous vehicle operations.
Moove at a Glance
| Metric | Details |
| Latest Funding | $250 million Series C |
| Company Valuation | $2.1 billion |
| Vehicles Managed | Approximately 42,000 |
| Global Presence | 29 cities in 13 countries |
| Employees | Around 3,300 |
| AV Workforce Target | 500 employees by year-end |
Why Infrastructure Matters for Autonomous Mobility
Scaling autonomous transportation requires far more than self-driving technology. Large robotaxi networks also depend on reliable charging infrastructure, vehicle servicing, maintenance, fleet coordination, logistics, and operational oversight.
To address these requirements, Moove is investing in its robotics-first “Nests.” These dedicated facilities are designed to keep autonomous vehicles charged, serviced, maintained, and ready for continuous operation. By combining fleet ownership with operational infrastructure, the company aims to support reliable robotaxi services as adoption increases.
This infrastructure-focused strategy positions Moove as a key operational partner for autonomous mobility companies looking to expand into new cities without building their own large-scale fleet management networks.
Key Takeaways
- Moove robotaxi secured $250 million in Series C funding.
- The funding values the company at $2.1 billion.
- Investment will support autonomous fleet ownership and robotics-first Nests.
- Moove plans to expand its autonomous vehicle workforce from 150 to 500 employees.
- Through its partnership with Waymo, Moove supports autonomous fleet operations in Phoenix and Miami, with London planned as a future market.
- The company currently operates around 42,000 vehicles across 29 cities in 13 countries.
- Moove continues to grow its human-driven mobility business while extending its operating model into autonomous transportation.
Frequently Asked Questions
What is the Moove robotaxi business?
The Moove robotaxi business focuses on owning and operating the infrastructure needed to support autonomous vehicle fleets, including charging, servicing, maintenance, logistics, and fleet management.
How much funding did Moove raise?
Moove raised $250 million in a Series C funding round, increasing the company’s valuation to $2.1 billion.
What are Moove’s “Nests”?
“Nests” are robotics-first operational depots where autonomous vehicles are charged, serviced, maintained, and coordinated to support continuous fleet operations.
How is Moove working with Waymo?
Through its partnership with Waymo, Moove acts as a third-party autonomous fleet operator, supporting fleet operations in Phoenix and Miami while preparing for future operations in London.
Why is this funding significant?
The investment enables Moove to expand its autonomous infrastructure, enter additional global markets, grow its workforce, and strengthen the operational systems needed to support large-scale robotaxi deployment.
Conclusion
The latest funding round marks an important milestone for the Moove robotaxi business as the company expands its role in autonomous mobility infrastructure. By investing in fleet ownership, robotics-first depots, and operational systems, Moove is focusing on the infrastructure required to support autonomous transportation at scale.
Backed by strong institutional investors and an expanding partnership with Waymo, the company is combining the operational experience gained from its human-driven mobility platform with new autonomous capabilities. As robotaxi services continue to grow globally, Moove’s emphasis on charging, maintenance, fleet orchestration, and infrastructure positions it to play an increasingly important role in supporting the future of autonomous transportation.