Tag Archives: Moove secures USD $100 million Series B round

Moove secures USD $100 million Series B round

Moove secures USD $100 million Series B round

  • The round included new investment from Uber and participation by existing investors including Mubadala and valued Moove at $750m, further validating the company’s business model
  • The investment will enable Moove to scale globally and become a leading partner in the global mobility sector
  • Funding comes after a year of significant growth for Moove which saw the company increase its ARR to over $115m
  • The Company is on course to achieve profitability during the next financial year
  • Round brings total equity funding to $350 million and debt funding to $210 million since launch in 2020
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