Moove Hits Unicorn Status as Africa's Funding Winter Deepens

Nigerian-founded mobility company Moove has officially become Africa's latest unicorn, closing a $250 million Series C round at a $2.1 billion valuation — the largest single funding round announced by an African startup in 2026. The round was led by Abu Dhabi's Mubadala Investment Company and co-led by Woven Capital (Toyota's Growth Fund) and Ion Pacific, with new backing from BlueCrest Capital Management, Sona Asset Management, and The Raptor Group. Existing...