Moove Raises $250 Million to Scale Autonomous Fleet Hubs
The company plans to expand its vehicle infrastructure centers to support autonomous mobility in global markets.
Updated on Oct. 21, 2026 in Automotive — General
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Moove has secured $250 million in Series C funding to scale its operational infrastructure for autonomous vehicle fleets. The company currently manages 42,000 vehicles across 29 cities globally and plans to expand its specialized service hubs.
Why it matters
As self-driving technology matures, the demand for specialized facilities to charge, maintain, and dispatch these fleets is growing rapidly. Moove is pivoting to provide this essential support infrastructure, a move that could shape how autonomous mobility services scale in urban areas.
The company secured $250 million in its latest funding round, bringing its valuation to $2.1 billion. This capital will support the expansion of its autonomous vehicle fleet infrastructure, currently serving 29 cities across 13 countries.
The players
Moove
An international automotive infrastructure firm that manages 42,000 vehicles for various transit services.
Waymo
A developer of autonomous driving technology that currently partners with Moove for fleet operations in U.S. cities.
The details
Rather than building self-driving software or manufacturing vehicles, Moove focuses on building 'Nests'—physical facilities designed to store, maintain, repair, and charge autonomous car fleets. The firm intends to increase its autonomous mobility workforce by more than 220% to support these centers. Current partnerships include collaborations with Waymo in Phoenix and Miami, with plans to launch services in London next.
Timeline
Moove was co-founded in Lagos in 2020.
The $250 million Series C funding round was raised in October 2026.
The Home Front
This investment underscores a broader shift in the automotive industry toward prioritizing physical infrastructure over digital software alone. It signals that future autonomous mobility will rely heavily on localized fleet maintenance hubs to remain operational in dense urban environments.
Residents in cities slated for autonomous vehicle launches, such as London, should monitor local transit department announcements regarding fleet testing schedules. Families should observe how these services change neighborhood traffic patterns and available mobility options in the coming months.
The takeaway
The growth of dedicated maintenance centers suggests that autonomous fleets are becoming a permanent fixture of urban logistics. As these services expand into new markets, keep an eye on city-level infrastructure permits that signal upcoming fleet deployments in your area.
Further reading
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Source note: This article includes information reported by Brand Spur.
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