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Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala at a $2.1B valuation to build autonomous vehicle "nests" for docking (Loni Prinsloo/Bloomberg)

Techmeme ·
Moove’s new money is tied to infrastructure for autonomous fleets.

The Dubai-based fleet management startup raised $250 million in a round led by Abu Dhabi’s Mubadala. The deal values Moove at $2.1 billion. The company plans to use the capital to build autonomous vehicle “nests” for docking. Techmeme’s note

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Categories: Money & Moves