Forum Mobility Completes $15M Series A
Summary
OAKLAND, CA, Forum Mobility has announced the closure of a $15 million Series A funding round. Forum Mobility, a zero-emission trucking solutions provider, has announced the closure of a $15 million Series A funding round, and a new $400 million joint venture, both led by a fund sponsored by CBRE Investment Management, to provide comprehensive, zero-emission charging and vehicle solutions to drayage truck fleets and drivers. Homecoming Capital also participated in the Series A funding round and provided $100 million to the joint venture. Forum Mobility provides accessible zero-emission trucking solutions for drayage in California, from building and operating the charging infrastructure to offering class 8 zero-emission electric trucks. Forum is currently developing a network of charging depots around the Oakland and Los Angeles/Long Beach ports, and along common trucking routes to warehouse destinations, offering a one-stop solution that makes it easy for small independent operators and large fleets alike.
