Manila, Philippines – Mober, a green tech logistics provider in the Philippines, has recently announced that it has secured US$2m in funding during its seed round.
This strategic investment will enable the company to transform green logistics in the country by incorporating electric vehicles into Mober’s fleet.
Using the new funding, the company strengthened its capacity to cater to the increasing demand for eco-friendly logistics through the expansion of its electric vehicle fleet to 60 vehicles. The said initiative positions the company’s transition towards sustainable practices by reducing the carbon footprint of delivery operations.
Among its recent advancements, Mober has also developed a transport management system that enhances delivery efficiency and monitors the CO2 savings from EV use. This feature highlights Mober’s commitment to a more transparent and accountable solution to environmental impact.
Furthermore, a flagship EV charging station in Pasay City was also opened by the company to accommodate its expanding fleet, with the aim of enhancing the sustainability of its operations and supporting its clients in adopting greener practices.
To further expand these operations, the company is also gearing up for electric-powered same-day delivery services for SM Appliance Center. This move will integrate environmentally friendly practices to streamline retail logistics.
Additionally, they have even extended their partnerships with major companies, including Kuehne + Nagel, Nestle, and Maersk, with plans to enhance their logistics operations.
Commenting on this initiative, Dennis Ng, founder and CEO at Mober, expressed his appreciation to RT Heptagon Holdings and Rex Tiri for the support and funding they provided. He also shared the importance of the funding in driving the company’s mission to promote sustainable urban mobility.
According to Dennis, the investment both strengthened Mober’s growth and commitment to creating a positive environmental impact.
The recent seed funding round was led by RT Heptagon Holdings under the leadership of Chairman and President Rex Tiri.
