Humble Sustainability, a climate tech startup based in the Philippines, announced that it has successfully closed a pre-Series A funding round led by Gobi Partners (through its Gobi-Core Philippine Fund) alongside ADB Ventures (ADBV), the Asian Development Bank’s venture arm, and the Philippines government through the National Development Company (NDC).
This strategic investment will enable Humble Sustainability to expand its operations beyond the Philippines and enhance its technology offerings, particularly by developing its proprietary Climate Dashboard platform.
In a press statement, Humble Sustainability mentioned plans to scale operations within the Philippines while entering Indonesia and Thailand by the end of 2026.
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Humble Sustainability, founded in 2021, is tackling the global problem of electronic waste, with an estimated US$62.5 billion worth of discarded technology ending up in landfills annually.
Its B2B trading platform, launched in 2022, enables corporations to securely recycle and refurbish used IT equipment, helping them achieve their environmental, social, and governance (ESG) goals while reducing e-waste.
Led by CEO and co-founder Josef Werker, Humble Sustainability aims to increase the value of discarded assets by up to five times.
Inspired by his mother’s activism and sustainable lifestyle, Werker is on a mission to make one billion items circular by 2030. “Sustainability is a team effort,” he emphasised, highlighting the company’s role in connecting businesses within the recycling ecosystem.
A crucial part of the company’s future strategy is the development of its Climate Dashboard, which will provide real-time data on greenhouse gas emissions and waste reduction. Initially available to clients, the tool will later be made public.
Werker believes that access to accurate data will empower companies to set realistic sustainability targets and track their progress. Humble Sustainability’s platform monitors environmental impact and actively reduces waste by keeping electronic items in circulation.
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Image Credit: Humble Sustainability
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