Uber-Backed Moove Eyes $2B Valuation in Fresh Funding Round
Moove is seeking to raise over $300 million at a valuation exceeding $2 billion. The startup's revenues grew from $50 million in 2024 to nearly $400 million this year.
Moove Sets Sights on Becoming Africa’s Next Unicorn with $300 Million Funding Round, Eyeing $2 Billion Valuation
Moove is seeking to raise over $300 million at a valuation exceeding $2 billion. The startup plans to expand its autonomous vehicle business with the new funding.
Why every African founder and investor should care about debt
Moove raised $210 million in debt, highlighting the accountability that comes with such financing. Debt can push founders to develop healthy habits and frameworks for lasting impact.
Kola Aina on AI in Africa, local capital, and exits
Kola Aina has backed over 90 startups across Africa, including notable exits like Paystack. Ventures Platform has returned four out of its six investment cohorts, demonstrating successful capital recycling.
Will Uber launch self-driving cars in Africa?
Uber announced a partnership with Baidu to integrate robotaxis into its app, with rollout expected in Asia and the Middle East. Cities like Phoenix, Austin, Atlanta, and Abu Dhabi already offer access to Uber's autonomous rides.
