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2 clusters · 7 sources · 9 days · First seen · Last updated

Autonomous mobility and micromobility funding

Overview

Autonomous mobility and micromobility companies are securing significant capital to expand their technological platforms and infrastructure.

Moove, an autonomous mobility company, raised $250 million in a Series C funding round led by Mubadala, reaching a valuation of $2.1 billion. The company has transitioned from financing ride-hailing vehicles to managing autonomous fleet infrastructure through specialized hubs called “Nests.” Moove currently manages approximately 42,000 vehicles across 29 cities in partnership with Waymo.

Similarly, the Palo Alto-based startup Also raised $150 million in a Series D round led by Prysm Capital, bringing its valuation above $1 billion. Also utilizes a vertically integrated hardware and software approach to develop an autonomous vehicle platform for small-scale transport, including electric bikes and commercial delivery quads. The company maintains a strategic agreement with DoorDash to deploy autonomous delivery vehicles.

Entities

Ion Pacific · Rivian · DoorDash · Waymo · Moove

Timeline

  1. 3 days ago

    [BUSINESS] 4 sources
    Also raises $150 million to accelerate autonomous vehicle platform

    Also has raised $150 million in Series D funding to accelerate its autonomous vehicle platform and expand its lineup of small electric vehicles for urban passenger and goods transport.

  2. 12 days ago

    [BUSINESS] 3 sources
    Moove raises $250M to expand autonomous vehicle infrastructure

    Moove has reached a $2.1 billion valuation after raising $250 million in Series C funding to expand its autonomous vehicle infrastructure and fleet management services.

Sources

cortamortaja.com.mx · dnyuz.com · mindef.gov.sg · nigeriacommunicationsweek.com.ng · pulse2.com · siliconangle.com · unite.ai

This summary has been updated 1 time: see revision history