Highlights
Netradyne Expands Into Europe Through Moove Acquisition
Netradyne, which is supported by Reliance and SoftBank, has taken a significant step by acquiring Moove Connected Mobility. This strategic move allows Netradyne to penetrate the European market, which is essential for its growth. By merging its AI-driven platform with the local insights, customer relationships, and operational expertise of Moove, Netradyne seeks to solidify its footprint in the region.
Following the acquisition, Moove will function as a segment of Netradyne Europe, acting as a central hub for regional sales, alliances, and customer interactions. Jeroen Bruinooge, who previously served as CEO of Moove, will take on the role of Senior Vice President and General Manager for Europe at Netradyne. He will be responsible for shaping the go-to-market approach and driving regional development.
Enhancing Fleet Safety and Efficiency
The newly formed entity aims to enhance fleet safety, improve driver performance, and boost operational efficiency for enterprise clients. It will provide an integrated AI-powered platform that spans North America, Europe, and Asia.
About Netradyne and Moove
Netradyne, founded in 2015, has successfully raised over $260 million from notable investors, including Reliance Industries and SoftBank. In 2025, the company secured $90 million in a Series D funding round, elevating its valuation beyond $1.3 billion and earning it a place as a unicorn. Presently, Netradyne caters to thousands of fleet customers worldwide, while Moove focuses on delivering connected, data-driven fleet optimization solutions to European companies.
