Funding round
Moove Series C
Moove, which works in vehicle ownership and financing services in Itirin, raised $250M in a Series C round announced on 5 Aug 2026, led by Mubadala, Woven Capital and Ion Pacific, at a $2.10B post-money valuation. 17 firms took part, 12 of them already investors. It is Moove's fourth venture round on record; the one before was a Series B in Mar 2024.
$250M
Amount raised
$2.10B
Post-money valuation
$1.85B pre-money
17
Investors
3 leads
2.8x
Step-up from the Series B
$750M in Mar 2024
12%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Moove at $2.10B after the new money, 2.8 times the $750M of its Series B (Mar 2024). The $250M bought investors about 12% of the company. It came 29 months after Moove's Series B. It is 47% of the $531M Moove has raised in the venture rounds on record. No later venture round is on record for Moove.
Moove's funding rounds
Moove has 4 venture rounds on record and 5 other deals. This one is highlighted.
- Debt not a venture round 1 May 2021 $40M
- Series A 14 Mar 2022, led by Speedinvest, Left Lane Capital and thelatest.ventures $105M
- Other not a venture round 19 Oct 2022 $17M
- Debt not a venture round 8 Dec 2022, led by Franklin Templeton Investments (ME) Ltd. $30M
- Other not a venture round 7 Jul 2023 $8.0M
- Growth 10 Aug 2023, led by Mubadala $76M$550M post-money
- Debt not a venture round 14 Feb 2024 $10M
- Series B 19 Mar 2024, led by Uber $100M$750M post-money
- Series C this round 5 Aug 2026, led by Mubadala, Woven Capital and Ion Pacific $250M$2.10B post-money
Investors
Who put money in
Mubadala, Woven Capital and Ion Pacific led the round with 14 other firms. Mubadala, Woven Capital, Ion Pacific and BlackRock and 8 more had backed Moove before.
Lead investors
- Mubadala backs 42 venture-backed companies existing investor
- backs 15 venture-backed companies existing investor
- backs 3 venture-backed companies existing investor
Also in the round
- BlueCrest Capital Management new investor
- Sona Capital new investor
- BlackRock existing investor
- MUFG existing investor
- Franklin Templeton existing investor
- Uber existing investor
- backs 77 venture-backed companies existing investor
- Square Associates existing investor
- The Latest Ventures existing investor
- Ontario Power Generation Pension Plan existing investor
- backs 42 venture-backed companies existing investor
- new investor
- Endeavor backs 236 venture-backed companies new investor
- Sona Asset Management
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, geographic expansion, scaling operations and working capital.
- Hiring
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Castelion Aerospace and Defence | 19 Aug 2026 | $1.00B | $13.00B | J.P. MorganChase’s Strategic Investment Group and Andreessen Horowitz |
| Lumilens Electronical Components Manufacturing | 6 Aug 2026 | $700M | $5.51B | Atreides Management and Seligman Ventures |
| Lovable Tech Companies | 12 Aug 2026 | $400M | $13.30B | Menlo Ventures and Scaleup Europe Fund |
| Muon Space Aerospace and Defence | 20 Aug 2026 | $250M | $1.50B | Eclipse |
| Aerospace and Defence | 11 Aug 2026 | $250M | $2.50B | Sequoia Capital and American Strategic Technology Fund |
| Radiology Clinic | 31 Aug 2026 | $220M | not disclosed | Noteus Partners |
| Tech Companies | 4 Aug 2026 | $150M | $1.20B | Prysm Capital and Eurazeo |
| Tech Companies | 12 Aug 2026 | $143M | $1.50B | Atomico and Smash Capital |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Moove raise in its Series C round?
Moove raised $250M in its Series C round, announced in Aug 2026.
Who led Moove's Series C round?
Mubadala, Woven Capital and Ion Pacific led it, with BlueCrest Capital Management, Sona Capital, BlackRock, MUFG and Franklin Templeton and 9 more.
What was Moove's valuation at the Series C round?
$2.10B post-money ($1.85B pre-money).