Mober, a green logistics company in the Philippines, has secured US$6 million in fresh funding through a mix of equity and convertible notes.
Singapore’s Clime Capital led the round under its Southeast Asia Clean Energy Facility II (SEACEF II).
The money will support Mober’s goal of acquiring 238 electric vehicle (EV) units by 2025 and phasing out internal combustion engine (ICE) vehicles, with a target of operating at least 400 EV units by 2027.
Additionally, the firm plans to develop a new 3,000-square-metre charging yard in Pasay City in the archipelago and establish charging points across southern and northern Luzon to support its expanding fleet. The company is also advancing its technological capabilities by developing a battery management system (BMS) to enhance the efficiency and lifespan of its EVs.
Established in July 2015, Mober aims to drive the transition to green deliveries in the Philippines. It helps businesses decarbonise their delivery processes with solutions that avoid upfront costs, promoting a future where business meets sustainability.
Also Read: Driving change: Mober’s journey towards sustainable green delivery
To support its long-haul operations, Mober plans to place pocket charging points across Luzon’s northern and southern regions. The company sources its EVs directly from original equipment manufacturers (OEMs), customising each vehicle to meet specific operational needs for optimal efficiency and reliability.
The company’s clients for its EV-powered delivery services include multinational corporations like IKEA, Kuehne+Nagel, Nespresso, Monde Nissin, Nestle, Maersk, and SM Appliance Center.
Previously, Mober raised US$2.4 million in a seed round led by RT Heptagon Holdings.
Earlier this year, Mober announced the development of its Transport Management System (TMS), which optimises fleet route planning and delivery schedules. This system contributes to improved resource management and substantial reductions in energy consumption and carbon output.
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Image credit: Mober
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