Nigerian mobility startup, Moove, has entered into a strategic partnership with global leader in autonomous driving technology, Waymo.
Waymo, formerly known as the Google Self-Driving Car Project, is set to launch operations in the United States, according to African News Watch.
The ground-breaking launch is coming on the heels of the platform raising the sum of $100 million in a Series B funding round that took its total raised capital to over $460 million, with the company valued at $750 million.
Co-founder and CEO of Moove, Ladi Delano, who announced the partnership with Waymo, said through this collaboration, Moove would deploy Waymo’s fleet of autonomous vehicles into the Waymo One service.
“This partnership marks a defining moment in our journey to revolutionise mobility as we know it, and places Moove at the forefront of the commercial AV revolution on a global scale,” Delano said in a statement.
He said from overseeing fleet operations and charging infrastructure, to optimising vehicle supply availability, Moove’s operational expertise would ensure a seamless, safe, and sustainable rider experience.
Delano noted that Ride hailing had transformed urban mobility over the past 15 years, yet the core experience had largely remained unchanged.
“Waymo’s safe, reliable, and convenient Waymo One service leads in autonomous technology, and together, we’re driving a major shift in urban mobility. We’re proud to partner with Waymo, bringing our operational expertise to make this transformation possible,” he stated.
Moove was founded in 2020 with the aim of connecting mobility entrepreneurs with “fair, accessible, and affordable revenue-based vehicle financing options.”
The firm embeds its alternative credit scoring technology onto ride-hailing platforms, using proprietary performance and revenue analytics to underwrite customers that have previously been excluded from financial services.
The platform operates in nine markets across Africa, Middle East, Europe and Asia, with its headquarters in the United Arab Emirates (UAE).
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