# Moove Operating Co. LLC FZE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moove-operating-co-llc-fze

- Industry: Financial Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.moove.io/
- Total disclosed funding: $443M
- Latest round: Series C (Aug 5, 2026)
- Investors on record: 33

## About

Based in Dubai, UAE, and was originally founded in Nigeria, Moove Africa B.V. operates as a mobility infrastructure company that focuses on providing vehicle financing, fleet ownership, fleet operations and autonomous-mobility infrastructure for mobility platforms and drivers. Founded in 2020 by Ladi Delano and Jide Odunsi, Moove Operating Co. LLC FZE developed from a revenue-based vehicle-financing business for mobility entrepreneurs into a platform that finances and owns mobility assets and operates driver-led and autonomous fleets. The company operates approximately 42,000 vehicles across 29 cities in 13 countries. On 5 August 2026, the company raised USD 250 million in Series C funding co-led by returning investor Mubadala Investment Company and new investors Woven Capital and Ion Pacific, with new co-investors BlueCrest Capital Management, Sona Asset Management and Raptor Group and returning investors BlackRock, MUFG, Franklin Templeton, Uber, Left Lane, Silverbacks Holdings, Square Associates, The Latest Ventures, Endeavor Catalyst and Ontario Power Generation Pension Plan, to expand autonomous fleet ownership, robotics-first Nests and new-market launches. Moove finances, owns and operates mobility assets for ride-hailing and autonomous transportation. Its services include revenue-based vehicle financing, fleet ownership and management, charging, servicing, maintenance, logistics and city-level operations. It also develops robotics-first “Nest” depots for continuous autonomous-fleet charging, maintenance and orchestration. Moove earns revenue through vehicle financing and ownership arrangements, fleet operations and services provided to mobility platform. The company plans to use its August 2026 Series C financing to expand autonomous fleet ownership, build robotics-first Nest depot infrastructure, launch in new markets and grow its autonomous-mobility workforce from approximately 150 to 500 employees by year-end.

## Funding rounds

- Series C, Aug 5, 2026, $250M — Mubadala Investment Company, Ontario Power Generation Pension Fund, BlackRock, Raptor Capital Management, Speedinvest, Endeavor Catalyst, Franklin Templeton, Sona Asset Management, BlueCrest Capital Management, Ion Pacific, MUFG Innovation Partners, Left Lane Capital, Woven Capital Management Company, thelatest.ventures, Uber Ltd, Silverbacks Holdings, Square Associates
- Series B, Mar 19, 2024, $100M — Mubadala Investment Company, Africinvest, Speedinvest, Palm Drive Capital, Left Lane Capital, Triatlum Advisors, Future Africa, thelatest.ventures, Uber Ltd
- Series A, Jan 21, 2022, $65M — Kreos Capital, Africinvest, Speedinvest, FJ Labs, Latitude, MUFG Innovation Partners, Left Lane Capital, thelatest.ventures
- Series A, Aug 7, 2021, $23M — DCM, Speedinvest, Tekton Ventures, FJ Labs, LocalGlobe, Palm Drive Capital, Clocktower Technology Ventures, KAAF Investments, Class 5, Kepple Africa Ventures, Left Lane Capital, Spartech Ventures, thelatest.ventures, Roka Works
- Seed, Dec 1, 2019, $5.2M — Future Africa

## Investors

- Future Africa — Seed, Series B
- DCM (https://capitalatlas.ai/funds/dcm) — Series A
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A, Series B, Series C
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Series A, Series B
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series A
- KAAF Investments — Series A
- Class 5 (https://capitalatlas.ai/funds/class-5) — Series A
- Kepple Africa Ventures (https://capitalatlas.ai/funds/kepple-africa-ventures) — Series A
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series A, Series B, Series C
- Spartech Ventures (https://capitalatlas.ai/funds/spartech-ventures) — Series A
- thelatest.ventures (https://capitalatlas.ai/funds/thelatest-ventures) — Series A, Series B, Series C
- Roka Works — Series A
- Kreos Capital — Series A
- Africinvest (https://capitalatlas.ai/funds/africinvest) — Series A, Series B
- Latitude (https://capitalatlas.ai/funds/latitude) — Series A
- MUFG Innovation Partners (https://capitalatlas.ai/funds/mufg-innovation-partners) — Series A, Series C
- Mubadala Investment Company — Series B, Series C
- Triatlum Advisors — Series B
- Uber Ltd — Series B, Series C
- Ontario Power Generation Pension Fund — Series C
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series C
- Raptor Capital Management (https://capitalatlas.ai/funds/raptor-capital-management) — Series C
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series C
- Sona Asset Management — Series C
- BlueCrest Capital Management — Series C
- Ion Pacific (https://capitalatlas.ai/funds/ion-pacific) — Series C
- Woven Capital Management Company (https://capitalatlas.ai/funds/woven-capital-management-company) — Series C
- Silverbacks Holdings (https://capitalatlas.ai/funds/silverbacks-holdings) — Series C
- Square Associates — Series C