KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)
The funding will support Moove’s expansion of its autonomous vehicle business, including fleet ownership, autonomous vehicle infrastructure and its robotics-focused depot facilities known as “Nests”, where autonomous fleets are charged, serviced, maintained and managed.
The company also plans to expand into new markets and increase its autonomous vehicle workforce from about 150 employees to 500 by the end of the year.
Moove Co-Founder, Co-Chief Executive Officer and Advisory Board Chairman, Ladi Delano said the company is building the infrastructure needed to support autonomous mobility at scale.
“Autonomy requires fleets, charging, maintenance, data systems and 24/7 operations in every city — and that is what Moove is building,” he said in a statement.
Moove said scaling autonomous mobility requires more than vehicle technology, including access to capital, fleet operations, charging infrastructure, maintenance capabilities and operational systems. The company is building an infrastructure layer designed to support the deployment and management of autonomous transportation networks.
Since its founding in 2020, Moove has developed a mobility operations platform for human-driven ride-hailing services and now operates about 42,000 vehicles across 29 cities in 13 countries. It employs 3,300 people globally and has grown to US$420 million in annual recurring revenue (ARR) through organic expansion and acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan.
Moove is extending its fleet management and operational expertise into autonomous mobility, where it operates autonomous vehicle fleets through its partnership with Waymo in Phoenix and Miami, with future operations planned in London.
The company said it is applying its experience in fleet orchestration, operations, servicing, charging and logistics to support the deployment of next-generation autonomous vehicle systems.
-- BERNAMA
Wednesday, August 5, 2026
AlixPartners acquires leading agentic AI consulting firm, Artium
New York, Aug 5 (Bernama-GLOBE NEWSWIRE) -- AlixPartners, the global consulting firm, today announced the acquisition of Artium, a leading agentic AI software consulting firm specializing in building and launching enterprise-grade agents for clients including BNY Mellon, Mayo Clinic, and eBay. The acquisition combines Artium’s powerful AI engineering capabilities with AlixPartners' 45 years of deep industry experience, helping clients navigate uncertainty, address disruption, and capitalize on opportunity.
Artium will operate as a distinct team within AlixPartners, as Artium by AlixPartners. Its people (including its founders), methodology, lab relationships, and ability to deliver exceptional client outcomes remain unchanged. Artium’s capabilities, as a part of AlixPartners, will help open new opportunities to transform businesses and integrate technology in ways that deliver sustainable performance improvements across the enterprise.
Rob Hornby, Co-CEO of AlixPartners, said: "Artium brings something genuinely rare: a pioneering team that has built production-grade agentic AI systems with direct relationships across the frontier labs. That commitment to results, achieved by working directly alongside their clients, and leaving those organizations better than they found them, is exactly how we work at AlixPartners. By combining Artium’s deep AI capabilities with AlixPartners' industry and functional expertise, we are well-positioned to create even greater value for our clients and define the future of consulting. We welcome the Artium team and look forward to delivering transformational results together."
Ross Hale, CEO and Co-Founder of Artium, said: “We are incredibly proud of the team we've built, the technology we've developed, and above all else the impact we've delivered for clients. As we looked to our next phase of growth, AlixPartners stood out as the clear choice. The firm’s leadership has a deep understanding of our business, our technology, and the opportunities ahead. It also has a genuine appreciation for the culture and values that have been central to our success. We believe that our combined strengths and commitment to results will create even greater impact for existing and future clients. We are excited to become Artium by AlixPartners."
-ENDS-
Advisors
Artium was advised by Equiteq (exclusive financial advisor), Cooley LLP (legal counsel to Artium), Morrison & Foerster LLP (legal counsel to the Co-Founders) and CBIZ (tax advisor).
The AlixPartners in-house M&A team was advised by Willkie Farr & Gallagher LLP (legal counsel) and PWC (tax advisor).
About Artium
Artium is an agentic AI software consultancy founded in 2019 by Ross Hale, Henry Meller, and Elizabeth Gansen, with Adam Pritzker as the lead outside investor and director. The firm specializes in building custom enterprise-grade AI agents and transforming client software development teams to leverage agentic engineering practices. In May 2025, Artium became an OpenAI Solutions Partner, and in July 2026 was named as an OpenAI Advanced Partner. In May 2026 Artium became an Anthropic Claude Partner.
About AlixPartners
AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully capitalize on opportunities and address critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York and has offices in more than 25 cities around the world. For more information, visit www.alixpartners.com.
Media Relations AlixPartners mediarelations@alixpartners.com
SOURCE: AlixPartners
--BERNAMA
Artium will operate as a distinct team within AlixPartners, as Artium by AlixPartners. Its people (including its founders), methodology, lab relationships, and ability to deliver exceptional client outcomes remain unchanged. Artium’s capabilities, as a part of AlixPartners, will help open new opportunities to transform businesses and integrate technology in ways that deliver sustainable performance improvements across the enterprise.
Rob Hornby, Co-CEO of AlixPartners, said: "Artium brings something genuinely rare: a pioneering team that has built production-grade agentic AI systems with direct relationships across the frontier labs. That commitment to results, achieved by working directly alongside their clients, and leaving those organizations better than they found them, is exactly how we work at AlixPartners. By combining Artium’s deep AI capabilities with AlixPartners' industry and functional expertise, we are well-positioned to create even greater value for our clients and define the future of consulting. We welcome the Artium team and look forward to delivering transformational results together."
Ross Hale, CEO and Co-Founder of Artium, said: “We are incredibly proud of the team we've built, the technology we've developed, and above all else the impact we've delivered for clients. As we looked to our next phase of growth, AlixPartners stood out as the clear choice. The firm’s leadership has a deep understanding of our business, our technology, and the opportunities ahead. It also has a genuine appreciation for the culture and values that have been central to our success. We believe that our combined strengths and commitment to results will create even greater impact for existing and future clients. We are excited to become Artium by AlixPartners."
-ENDS-
Advisors
Artium was advised by Equiteq (exclusive financial advisor), Cooley LLP (legal counsel to Artium), Morrison & Foerster LLP (legal counsel to the Co-Founders) and CBIZ (tax advisor).
The AlixPartners in-house M&A team was advised by Willkie Farr & Gallagher LLP (legal counsel) and PWC (tax advisor).
About Artium
Artium is an agentic AI software consultancy founded in 2019 by Ross Hale, Henry Meller, and Elizabeth Gansen, with Adam Pritzker as the lead outside investor and director. The firm specializes in building custom enterprise-grade AI agents and transforming client software development teams to leverage agentic engineering practices. In May 2025, Artium became an OpenAI Solutions Partner, and in July 2026 was named as an OpenAI Advanced Partner. In May 2026 Artium became an Anthropic Claude Partner.
About AlixPartners
AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully capitalize on opportunities and address critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York and has offices in more than 25 cities around the world. For more information, visit www.alixpartners.com.
Media Relations AlixPartners mediarelations@alixpartners.com
SOURCE: AlixPartners
--BERNAMA
Tuesday, August 4, 2026
UNI-FUELS RECEIVES NASDAQ MINIMUM BID PRICE NOTICE
KUALA LUMPUR, Aug 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced it has received a notification letter from The Nasdaq Stock Market LLC (Nasdaq), stating that it is not in compliance with the minimum requirement for a closing bid price of US$1 per share under Nasdaq Listing Rule 5550(a)(2). (US$1=RM4.09)
The global provider of marine fuel solutions in a statement said the closing bid price of its class A ordinary shares remained below US$1 per share for 30 consecutive business days, from June 11 to July 24.
The company said the Nasdaq letter is only a notification of deficiency and does not result in the immediate delisting of its securities or affect the listing or trading of its class A ordinary shares on the Nasdaq Capital Market at this time.
Under Nasdaq Listing Rule 5810(c)(3)(A), Uni-Fuels has 180 calendar days, or until Jan 25, 2027, to regain compliance. To do so, the closing bid price of its class A ordinary shares must be at least US$1 per share for a minimum of 10 consecutive business days before the compliance period expires.
If Uni-Fuels regains compliance within the period, Nasdaq will provide written confirmation and close the matter. Should the company opt for a reverse stock split, it must complete the exercise no later than 10 business days before Jan 25, 2027.
Uni-Fuels said that if it fails to regain compliance by Jan 25, 2027, it may qualify for an additional 180-day compliance period, provided it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards of the Nasdaq Capital Market, except for the minimum bid price requirement, and notifies Nasdaq of its intention to remedy the deficiency, if necessary, through a reverse stock split.
If these requirements are met, Nasdaq will grant the additional compliance period. Otherwise, or if Nasdaq determines that the deficiency cannot be remedied, the company's securities may become subject to delisting.
Uni-Fuels is monitoring the closing bid price of its class A ordinary shares and evaluating available options to regain compliance, including implementing a reverse stock split if necessary.
-- BERNAMA
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