2024-05-19-PitchBook-供应链技术报告（英）_11页_11mb

Q1 2024 Supply Chain Tech Report Preview

Key Highlights:

• Total Q1 2024 VC deals in supply chain tech: 129 (representing a 24.1% QoQ decrease, yet a 24.1% QoQ increase in deal value to $2.3 billion).
• Growth compared to Q1 2023: Both deal count (-52.4% YoY) and deal value (-19.3% YoY) saw declines.

Q1 2024 Timeline of Notable Deals (VC)

• January 9: Picnic raises $389.1 million in a late-stage round, led by Edeka Zentrale and the Bill & Melinda Gates Foundation.
• January 19: Flexport raises $260.0 million (convertible debt) from Shopify.
• January 24: Starship raises $90.0 million in a late-stage VC deal.
• February 5: Elroy Air raises $48.9 million in Series AAA/AAA-1 funding.
• February 27: Shadowfax raises ~$100.0 million in a combination of debt and equity.

Supply Chain Tech VC Landscape & Deal Activity

• Enterprise Supply Chain Management: Declined ~40% QoQ in deals and value.
• Freight Tech: Deal value nearly doubled QoQ (became the dominant segment in terms of deal value).
• Warehouse Tech: Declined ~40% QoQ in both count and value.
• Last-Mile Delivery: Deal value spiked QoQ; deal count was flat.
• Trends: Inclusion of debt in deals and cautious valuations highlighted.

Key Companies

Picnic

• Funding: Raised $389.1 million in a late-stage deal, with previous funding from the Bill & Melinda Gates Foundation.
• Business: Online grocer/delivery service focused on the Netherlands, expanding into Germany and France.
• Technologies: Heavy use of warehouse automation, demand forecasting, and recycling logistics.

Flexport

• Funding: Raised $260.0 million in convertible debt from Shopify.
• Business: A logistics platform with a significant acquisition of Shopify's logistics operations.

Elroy Air

• Funding: Raised $48.9 million in Series AAA/AAA-1 funding.
• Business: Drones & eVTOL logistics provider.

Starship Technologies

• Funding: Raised $90.0 million in a late-stage round.
• Business: Autonomous delivery provider.

Key Exits

• RIAMB Technology: Public listing on the Shanghai Stock Exchange.
• Everli: Acquired by Palella Holdings.
• Sorted: Listed via reverse merger on the London Stock Exchange.
• Others: Acquisitions noted across various supply chain tech companies.