Mober, a leading green logistics provider in the Philippines, has secured an investment of up to PHP 350 million from Singapore-based fund manager Clime Capital. The funding will increase Mober’s fleet of electric vehicles to 238 and establish a new 3,000 sqm charging facility by early 2025. Mober serves top clients like IKEA, Kuehne+Nagel, Nespresso, Monde Nissin, Nestle, Maersk, and SM Appliance Center. The company is also developing a cutting-edge Battery Management System to improve EV efficiency.
Mober will strategically place pocket charging points across Luzon’s northern and southern regions to support its long-haul operations. The company sources its EVs directly from original equipment manufacturers (OEMs), tailoring each vehicle to specific operational requirements to ensure maximum efficiency and reliability.
Dennis Ng, CEO of Mober, stated, “Not all funding is created equal. Having Clime Capital as an investor adds significant credibility to Mober and solidifies our commitment to sustainability. This partnership not only enhances our reputation but also accelerates our progress toward achieving our ambitious sustainability goals. We are deeply thankful to Mason and Joshua for their trust and commitment to our vision.”
In addition to its environmental initiatives, Mober is committed to fostering inclusivity by training female drivers and assemblers, underscoring the company’s dedication to workforce diversity. Mober also takes pride in its EV drivers, Green Delivery Specialists (GDS), who exemplify its commitment to high service and sustainability standards.
Joshua Kramer, Chief Investment Officer at Clime Capital, said, “We are delighted to provide much-needed capital in this first-of-a-kind EV investment in the Philippines. Clime Capital’s blended finance model enables clean-energy entrepreneurs to scale their businesses to achieve financial sustainability while also generating positive environmental impacts.”
Mason Wallick, Chief Operating Officer at Clime Capital, said, “Mober’s ambition to provide fully electric B2B delivery services is a compelling example of a first-mover business that can accelerate the low carbon transition through our strategic investment. Clime Capital’s purpose is to help these businesses accelerate their growth.”
