2025-02-23-PitchBook-2024年四季度供应链技术风险投资趋势（英）_10页_6mb

报告摘要

Summary of Q4 2024 Supply Chain Tech VC Trends Report

Report Overview: This report provides an analysis of venture capital (VC) activity in the supply chain tech sector for Q4 2024. It highlights market trends, deal activity, and exits within the ecosystem.
Q4 2024 Deal Activity: Overall deal value reached $9.1 billion, a 302.6% sequential increase from Q3 2024, primarily driven by Waymo's $5.6 billion Series C round. Deal count was 165, increasing from Q3's low but still below Q1 and Q2 2024 levels. Excluding Waymo, Q4 deal value stood at $3.5 billion, showing 155% growth over Q3 2023.
Segment-Specific Growth: Enterprise supply chain management achieved its highest deal value since Q4 2022. Last-mile delivery recorded solid QoQ growth, while warehouse tech saw slight declines but remained strong. Freight tech activity was distorted by Waymo.
Notable Deals: Key transactions include Waymo's $5.6 billion autonomous truck investment, Skydio's $400 million drone deal, Zepto's $350 million late-stage raise, and others led by investors like Alphabet, Motilal Oswal, and SoftBank.
Exit Activity: Several companies went public or were acquired, including Swiggy and BlackBuck, which had public listings. Other exits featured acquisitions, with varying valuations and outcomes.
Deal Trends by Stage and Valuation: Median deal values and pre-money valuations by stage were analyzed, with late-stage VC deals showing higher valuations. Trends indicate continued investor focus on growth-stage opportunities.
Comparison with Prior Quarters: Q4 2024 marked the highest quarterly deal value since the end of 2022, reflecting a rebound after slower trading in Q3. Cumulative TTM activity showed sustained interest, with deal values growing 53.1% from Q1 to Q4.