Logistics start-up Mober plans to undertake another fund-raising activity before the end of the first quarter of 2024 to accelerate the company’s initiatives in green logistics.
Mober founder and chief executive Dennis Ng said the upcoming financial infusion aimed to expand its reach and impact in the logistics sector.
He said Mober’s initiatives are well-positioned to contribute to the country’s green transition.
“With its expanding fleet and innovative solutions, Mober is on track to become a leader in green logistics in Southeast Asia, starting in the Philippines, paving the way for a more sustainable future in the industry,” Ng said.
Mober recently announced a $2 million seed funding round brokered by RT Heptagon Holdings’ (RTHH) chairman and president Rex Tiri.
He said with the new funding, Mober expanded its EV fleet to 60 vehicles, enhancing its capability to meet the rising demand for eco-friendly logistics services.
This move aligns with the global shift towards sustainable practices, significantly reducing the carbon footprint of delivery operations.
A notable advancement in Mober’s strategy is the development of a transport management system (TMS), which not only optimizes delivery efficiency but also tracks the CO2 savings achieved through the use of EVs.
Mober inaugurated a flagship EV charging station in Pasay City, designed to support its growing fleet, particularly those serving IKEA Philippines.
Mober is also set to implement same-day delivery services for SM Appliance Center, integrating eco-friendly practices into mainstream retail logistics.
The initiative reflects Mober’s capability to adapt and innovate in response to the evolving needs of the market and its clients.
Mober’s commitment to green logistics extends to its partnerships with major companies such as Kuehne + Nagel, Nestle, and Maersk, with plans to electrify their logistics operations.
These partnerships highlight Mober’s role as a catalyst for the widespread adoption of sustainable delivery solutions in the logistics industry.
A significant milestone in Mober’s journey is its collaboration with IKEA Philippines, aiming to electrify 100 percent of IKEA’s home delivery services by 2025.