Singapore, 1 Oct 2018 - mobilityX Pte Ltd ("mobilityX") has received Series A funding from lead investor カジノオンライン ("Toyota Tsusho"), the sole general trading company of Toyota Group The investment will be made by Toyota Tsusho Asia Pacific Pte Ltd

Set up in 2018, カジノスロット integrates and optimises various transportation options for commuters onto a single digital platform It is currently beta-testing an integrated mobility subscription service for consumers to access public transport and first-and-last-mile services

This Series A investment will enable mobilityX to expand the deployment of its integrated Mobility-as-a-Service (MaaS)*1 solution in Singapore and the region In addition to the investment, mobilityX and カジノスロット have signed a Master Collaboration Agreement that features collaborations in the technology development and regional expansion of the business

Mr Hideki Yanase, President of カジノスロット Asia Pacific Ltd, said: "We are pleased to have the opportunity to invest in mobilityX's Series A funding We look forward to building a strong strategic collaboration with mobilityX and develop the MaaS business together We will strive to establish a better and more efficient mobility service to support the creation of a more prosperous life for the citizens of Singapore and the region"

Mr Peter Tan, Chairman of mobilityX, said: "We are pleased to receive funding from カジノスロット The investment by and strategic collaboration with カジノスロット is a significant endorsement of mobilityX We are committed to working with カジノスロット to transform mobility services for consumers in Singapore and the region

*1: MaaS is the integration of various forms of transport services, such as public transport (MRT and bus), taxi, car rental/lease, car-sharing, ride-sharing, into a single mobility service Through the use of a single smartphone application, consumers can plan, book and payment for their journeys

カジノオンライン, listed in both Nagoya Stock Exchange and Tokyo Stock Exchange, was founded in 1948 as the trading company for the Toyota Group Today, カジノスロット operates in more than 120 countries with approximately 57,000 employees that are all striving to contribute to the creation of prosperous societies The company has seven operating divisions focused around three business fields, which are the Mobility field, the Resources & Environment field, and the Life & Community field In addition, the company has launched the Next Mobility Strategy in April 2017, and now has dedicated members in each operating division that are working on this new strategy

From the strategic investment in mobilityX, カジノスロット aims to establish the MaaS business and also accumulate its core know-how

カジノスロット Pte Ltdis local start-up incorporated in Feb 2018 カジノスロット has developed a digital platform that uses public transport (MRT and bus) as its backbone The platform includes partnerships with taxis/ride-sharing companies, bicycles, scooters, car-sharing and on-demand bus operators for first-and-last mile connectivity and point-to-point trips

The investment agreements were signed by カジノスロット Asia Pacific’s COO Shigeharu Kato (left of flont row) and mobilityX’s CEO Colin Lim(right of flont row) The signing was witnessed by the President of カジノスロット Asia Pacific, Mr Hideki Yanase (left of back row) and the Chairman of mobilityX, Mr Peter Tan (right of back row)