Waymo Fleet Manager Targets Funding That Would Lift Valuation Past $1 Billion

Africa: Moove Nears $1.2b Debt Raise to Fund Fleet Rollout With Waymo

TLDR

Moove nears $1.2 billion debt raise for Waymo fleet expansion

Waymo Fleet Manager Targets Funding That Would Lift Valuation Past $1 Billion

Moove Looks to Expand to US With Waymo Fleet

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Uber-Backed Moove to Raise $1.2 Billion in Debt for Waymo Fleet

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Alphabet Inc.’s Waymo and expand in the US, people familiar with the matter said.

Moove is raising $1.2 billion debt for U.S expansion

Moove, an Uber-backed Nigerian startup that finances ride-hailing companies’ vehicles, is raising $1.2 billion in debt to support the rollout of an autonomous-driving fleet in partnership with Alphabet’s Waymo and expand into the US. Bloomberg reports that the round has been oversubscribed, with growing interest from private credit companies and banks. According to people familiar with the matter, the deal is expected to be finalised soon. “Whil…