Forum Mobility
5051 Coliseum Way, Oakland, CA, 94601, United States
Overview
Forum Mobility provides accessible zero-emission trucking solutions for drayage in California, building and operating charging infrastructure and offering class 8 zero-emission electric trucks. The company is developing a network of charging depots around the Oakland and Los Angeles/Long Beach ports and along common trucking routes to warehouse destinations. It offers a one-stop solution intended to make electrification easy for small independent operators and large fleets alike. Forum is led by CEO and co-founder Matt LeDucq. Financially, the company closed a $15m Series A and is linked to a new $400m joint venture led by a CBRE Investment Management–sponsored fund. Existing seed investors participated in the Series A and new investors joined the round. Forum Mobility is a San Francisco, CA-based company that provides a heavy-duty fleet electrification solution including infrastructure, trucks, and technology. Led by CEO Matt LeDucq, the company targets the movement of goods in and around ports with an initial focus on California ports. Its system is designed to help corporations meet fast-approaching emissions mandates and reach zero-carbon goals more quickly. In June 2021 the company raised $7.5M in seed funding to support its growth. Forum Mobility plans to use the funds to build operations, broaden its team, and further product development. The funding supports scaling of its end-to-end electrification offering for heavy-duty port logistics.
- Total raised
- $23M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jan 2023
Industries
- Battery
- Electric Vehicle
- Transportation
Recent funding
Series A
Jan 2023
$15M
Seed
Dec 2021
$8M