{"id":1194,"date":"2025-06-16T15:08:13","date_gmt":"2025-06-16T14:08:13","guid":{"rendered":"https:\/\/techstream.africa\/?p=1194"},"modified":"2025-06-16T15:08:13","modified_gmt":"2025-06-16T14:08:13","slug":"moove-inches-closer-to-unicorn-status-as-it-plans-300m-funding","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=1194","title":{"rendered":"&#8220;Moove inches closer to unicorn status as it plans $300m funding&#8221;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/06\/1-Moove-Founders-Jide-Odunsi-and-Ladi-Delano-1080x720-1-1024x683.jpg\" alt=\"\" class=\"wp-image-1195\" srcset=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/06\/1-Moove-Founders-Jide-Odunsi-and-Ladi-Delano-1080x720-1-1024x683.jpg 1024w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/06\/1-Moove-Founders-Jide-Odunsi-and-Ladi-Delano-1080x720-1-300x200.jpg 300w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/06\/1-Moove-Founders-Jide-Odunsi-and-Ladi-Delano-1080x720-1-768x512.jpg 768w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/06\/1-Moove-Founders-Jide-Odunsi-and-Ladi-Delano-1080x720-1.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Moove, the Lagos-born mobility fintech, is inching closer to unicorn status with a fresh $300 million equity raise underway. The company, which provides revenue-based vehicle financing to gig drivers, could see its valuation propel beyond $1 billion, according to&nbsp;<a href=\"https:\/\/www.theinformation.com\/articles\/waymo-fleet-manager-targets-funding-lift-valuation-past-1-billion\" target=\"_blank\" rel=\"noreferrer noopener\">The Information<\/a><\/p>\n\n\n\n<p>Launched in 2020, Moove began by financing ride-hailing vehicles in Lagos, helping drivers get cars without upfront capital.<\/p>\n\n\n\n<p>Today, the company has raised over $409 million in debt and equity, backed by heavyweights including Uber, Mubadala, and Speedinvest. Its most recent raise was a&nbsp;<a href=\"https:\/\/techpoint.africa\/news\/moove-raises-seriesb-round\/?utm_source=chatgpt.com\">$100 million Series B&nbsp;<\/a>in March 2024, led by Uber and Mubadala, valuing Moove at $750 million.<\/p>\n\n\n\n<p>Before that, the startup had&nbsp;<a href=\"https:\/\/techpoint.africa\/news\/moove-raises-30-million\/?utm_source=chatgpt.com\">raised significant funding&nbsp;<\/a>through many rounds. In 2022 alone, it announced five funding rounds, which included&nbsp;<a href=\"https:\/\/techpoint.africa\/insight\/techpoint-digest-280\/\">$105 million in March 2022<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/techpoint.africa\/news\/moove-raises-30-million\/?utm_source=chatgpt.com\">$10 million in July 2022<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/techpoint.africa\/news\/moove-300m-funding\/\">To read more click here<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moove, the Lagos-born mobility fintech, is inching closer to unicorn status with a fresh $300 million equity raise underway. The company, which provides revenue-based vehicle financing to gig drivers, could see its valuation propel beyond $1 billion, according to&nbsp;The Information Launched in 2020, Moove began by financing ride-hailing vehicles in Lagos, helping drivers get cars&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1194","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/1194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1194"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/1194\/revisions"}],"predecessor-version":[{"id":1196,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/1194\/revisions\/1196"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}