Umer Ameer

Moove Raises $250 Million at a $2.1 Billion Valuation to Scale Autonomous Mobility

UAE-based mobility fintech Moove has raised $250 million in a Series C led by Abu Dhabi’s Mubadala and co-led by Toyota’s Woven Capital and Ion Pacific, lifting its valuation to $2.1 billion. The capital will fund new market launches and its robotics-first depot infrastructure for autonomous fleets.

Saudi-Led Consortium Completes $55 Billion Electronic Arts Acquisition

A consortium led by Saudi Arabia’s Public Investment Fund, alongside Silver Lake and Affinity Partners, has completed its $55 billion buyout of Electronic Arts — the largest leveraged buyout in history. EA is now privately held and no longer trades publicly.