2023-02-28-PitchBook-2022年四季度供应链技术报告（英）_11页_4mb

EMERGING TECH RESEARCH: SUPPLY CHAIN TECH REPORT SUMMARY

Core Content Overview

This report provides an analysis of venture capital (VC) trends and emerging opportunities in the supply chain technology sector for Q4 2022. It outlines the overall market landscape, highlights key VC deals and exits, and identifies leading companies in the space.

Key Statistics

• Total VC deals in Q4 2022: 201
• Quarter-over-quarter (QoQ) growth: -7.8%
• Year-over-year (YoY) growth: -46.4%
• Total deal value in Q4 2022: $4.0 billion
• QoQ growth in deal value: +28.2%
• YoY growth in deal value: -71.4%
• Year-to-date (YTD) growth in deal value: -49.6%

Supply Chain Tech Landscape

The report segments the supply chain tech market into four key areas:

1. Enterprise Supply Chain Management
2. Warehouse Tech
3. Freight Tech
4. Last-Mile Delivery

These segments reflect the evolving technological solutions aimed at optimizing logistics and operations.

VC Activity Highlights

Q4 2022 Deals

• Einride: Raised $500.0 million (largest deal of the quarter) for its autonomous trucks.
• Volta Trucks: Secured $295.3 million to support its electric vehicle (EV) truck development.
• Locus Robotics: Raised $117.0 million in Series F funding, nearly doubling its valuation to $1.8 billion.
• Instacart: Reduced its internal valuation to $10.0 billion, a 75% decline from its March 2021 valuation.
• Getir: Acquired Gorillas for $1.2 billion, marking a significant exit in the ultrafast delivery segment.

Deal Value Trends

• Overall deal value for 2022: Fell back to the average of 2018–2020.
• Late-stage deals: Saw a significant increase in value.
• Freight Tech: Experiencing a notable rise in deal value, driven by Einride and Volta Trucks.
• Other segments: More modest value increases.

Emerging Opportunities

1. Supply Chain Finance & Payments:

   • Companies like Suning Finance are leading in this space, with substantial VC funding.
   • This segment is gaining traction due to its potential for reducing financial friction and improving liquidity.

2. Freight Tech Digital Platforms:

   • Autonomous trucks and electric vehicle (EV) technologies are at the forefront.
   • Companies such as Einride and Volta Trucks are capitalizing on the shift toward sustainable and efficient logistics.

3. Warehouse Automation:

   • Autonomous mobile robots (AMRs) are becoming a key solution for improving efficiency and reducing labor costs.
   • Locus Robotics is a notable player, with a rapidly expanding deployment of its AMR systems.

Company Highlights

Locus Robotics

• Founded: 2015
• HQ: Wilmington, MA
• Total Raised: $379.5 million
• Last Pre-Money Valuation: $1.8 billion
• Last Financing: $117.0 million (Series F)
• Lead Investors: Stack, G2VP, Goldman Sachs Group
• Key Products: LocusOne warehouse orchestration platform, Locus Vector and Locus Max AMRs
• Performance: Picked 230 million products during the 2022 holiday season, doubling the prior year's volume.
• Partnerships: Integrated with Berkshire Grey, and has key clients like UPS, DHL, The Boots Company, and Cardinal Health.

Einride

• Deal Value: $500.0 million (largest in Q4 2022)
• Focus: Autonomous trucks for freight logistics
• Strategic Importance: Highlights the growing interest in autonomous and sustainable transport solutions.

Volta Trucks

• Deal Value: $295.3 million (third-largest in Q4 2022)
• Focus: Development of electric vehicle (EV) trucks
• Market Position: A key player in the transition to greener and more efficient freight solutions.

Key VC Exits in 2022

Conclusion

Q4 2022 saw a normalization in supply chain tech VC activity, with a decline in deal count and value compared to 2021, but a shift toward late-stage deals and freight tech innovation. Leading companies like Locus Robotics, Einride, and Volta Trucks are shaping the future of automation and sustainability in logistics. The market continues to evolve, offering promising opportunities in areas such as autonomous delivery, warehouse automation, and supply chain finance.