43 min
#136: EV "Trucks as a Service" gets $422M — Matt LeDucq, CEO of Forum Mobility Entrepreneurs for Impact
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- Entrepreneurship
⭐ My guest today is Matt LeDucq, Cofounder and CEO of Forum Mobility.
Forum Mobility is tackling greenhouse gas emissions at California’s largest ports as well as local air pollution causing asthma and cancer near these ports.
They provide zero-emission trucks and electric charging for one monthly price. They recently signed a $400M JV with CBRE Investment Management and have raised over $22M in venture capital to date.
In addition, Matt is the former:
Executive Director at NextEra Energy Resources
VP at Yingli Green Energy Holdings
VP at Suntech
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🎙️ In this episode, we talked about:
How communities near ports suffer have twice the risk of cancer and asthma
The billions of dollars to be invested in electrifying transportation within ports
Policy drivers such as California’s Advanced Clean Fleets are influencing a massive vehicle turnover within 12 years
How their “Trucks as a Service” model works like a solar Power Purchase Agreement (PPA)
Lessons he’s bringing from giant energy companies to his fast-growing startup
How they are convincing early adopters to sign up as customers
Why investors love their business model and the power of derisking revenue streams
The thrill of disorder and insanity within startups
How we grow at the edges of our comfort zones
And lots more
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👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏
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🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. https://entrepreneursforimpact.com
Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.
And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). https://entrepreneursforimpact.substack.com
---
Send in a voice message: https://podcasters.spotify.com/pod/show/entrepreneurs-for-impact/message
⭐ My guest today is Matt LeDucq, Cofounder and CEO of Forum Mobility.
Forum Mobility is tackling greenhouse gas emissions at California’s largest ports as well as local air pollution causing asthma and cancer near these ports.
They provide zero-emission trucks and electric charging for one monthly price. They recently signed a $400M JV with CBRE Investment Management and have raised over $22M in venture capital to date.
In addition, Matt is the former:
Executive Director at NextEra Energy Resources
VP at Yingli Green Energy Holdings
VP at Suntech
---
🎙️ In this episode, we talked about:
How communities near ports suffer have twice the risk of cancer and asthma
The billions of dollars to be invested in electrifying transportation within ports
Policy drivers such as California’s Advanced Clean Fleets are influencing a massive vehicle turnover within 12 years
How their “Trucks as a Service” model works like a solar Power Purchase Agreement (PPA)
Lessons he’s bringing from giant energy companies to his fast-growing startup
How they are convincing early adopters to sign up as customers
Why investors love their business model and the power of derisking revenue streams
The thrill of disorder and insanity within startups
How we grow at the edges of our comfort zones
And lots more
---
👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏
---
🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. https://entrepreneursforimpact.com
Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.
And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). https://entrepreneursforimpact.substack.com
---
Send in a voice message: https://podcasters.spotify.com/pod/show/entrepreneurs-for-impact/message
43 min