Supply chain tech attracts $7.8bn VC investment in Q3

Its Q3 instalment of Emerging Tech Research in the supply chain breaks down how venture capital is chasing solutions that bring order to a highly fragmented ecosystem.

The firm’s takeaways include: 

• VC investment into supply chain tech adding $7.8 billion across 190 deals in Q3.
• Opportunity in freight and delivery aggregators that provide booking platforms for shippers and carriers.
• Supply chain startups are helping global corporations assess and improve the sustainability of their supply chains.

Recent deals include fleet safety platform Netradeyne raising $150m Series C funding, UPS acquiring Roadie a tech platform enabling local someday delivery for an undisclosed sum, and digital warehouse and distribution provider STORD rising $90m Series D funding, valuing the company at $1.1bn.

For more information, visit https://bit.ly/3lF7zwK