Key Developments
Nigerian-Founded Startup Moove Partners with Waymo to Launch Operations in the US
Nigeria-founded mobility startup Moove has entered into a strategic partnership with Waymo, a global leader in autonomous driving technology, to establish operations in the United States.
The collaboration marks a significant milestone for Moove, which has rapidly gained recognition for providing innovative vehicle financing solutions tailored to mobility entrepreneurs.
Launched in 2020, Moove connects underserved entrepreneurs with accessible, revenue-based vehicle financing options.
By integrating its alternative credit scoring technology onto ride-hailing platforms, Moove uses proprietary performance and revenue analytics to provide financial services to individuals typically excluded from traditional financing systems.
Operating across nine markets in Africa, the Middle East, Europe, and Asia, and now based in the United Arab Emirates (UAE), Moove has facilitated over 30 million trips with its vehicles, serving 20,000 customers to date.
Earlier this year, the company secured $100 million in a Series B funding round, bringing its total capital raised to over $460 million and valuing the company at $750 million.
The partnership with Waymo, formerly known as the Google Self-Driving Car Project, will see Moove contribute to Waymo’s expansion in the US.
Starting in 2025, Moove will take over fleet operations in Phoenix, one of Waymo’s most established markets, and play a key role in launching Waymo’s services in Miami in 2026.
As part of the collaboration, Moove will manage the deployment of Waymo’s autonomous vehicle fleet within the Waymo One ride-hailing service.
Responsibilities include overseeing fleet operations, managing charging infrastructure, and optimizing vehicle availability to ensure a seamless, safe, and sustainable user experience.
“This partnership marks a defining moment in our journey to revolutionize mobility as we know it, and places Moove at the forefront of the commercial autonomous vehicle revolution on a global scale,” Moove said in a statement.
Moove’s co-founder and co-CEO, Ladi Delano, emphasized the transformative potential of the partnership:
“Ride-hailing has reshaped urban mobility over the past 15 years, but the core experience has remained largely unchanged. Waymo’s safe, reliable, and convenient Waymo One service is leading the autonomous revolution, and we’re proud to bring our expertise to this pivotal transformation,” he said.
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