Moove today announced it raised $250 million in Series C funding. This latest round brings the company’s valuation to $2.1 billion. The funding will support Moove’s expansion of its autonomous vehicle business, including autonomous fleet ownership and robotics-first depot infrastructure “Nests.” At these Nests, Moove will charge, service, maintain, and orchestrate autonomous fleets for continuous operation. Additionally, Moove plans to use the funds to support new market launches around the world. As part of this expansion, Moove expects to grow its autonomous vehicle workforce by more than 220% by the end of the year, increasing from around 150 employees today to 500. “Every major technology revolution becomes an infrastructure race,” Ladi Delano, the co-founder, co-CEO and advisory board chairman of Moove, said. “The internet required data centers. AI required compute. Autonomy requires fleets, charging, maintenance, data systems and 24/7 operations in every city – and that is what Moove is building. In our view, as autonomy scales, infrastructure ownership and operations will define the category leaders. We are building to be one of them.” Mubadala Investment Company, Woven Capital, Toyota’s Growth Fund, and Ion Pacific led the round. It also brings in BlueCrest Capital Management, Sona Asset Management, and The Raptor Group, further strengthening the depth of Moove’s institutional backing. BlackRock, MUFG, Franklin Templeton, Uber, Left Lane, Silverbacks Holdings, Square Associates, The Latest Ventures, Endeavor Catalyst, and the Ontario Power Generation Pension Plan also participated in the round. For AVs to scale to a large transportation network, they need infrastructure Scaling autonomous mobility requires more than vehicle technology alone. It depends on access to capital, fleet ownership, charging infrastructure, maintenance, operational orchestration systems, and 24/7 city-level execution. Moove is building that infrastructure layer to enable autonomous mobility to scale to large transportation networks. Since 2020, Moove has built the capital,