PitchBook’s “Emerging Tech Research” report examines supply chain startups
While the number of exits in Q3 rose slightly quarter-over-quarter, overall exit value fell 59 percent.
PitchBook reports that venture capital (VC) funding for the supply chain tech industry continued to ebb in the third quarter, as pressures on the system eased somewhat amid waning demand.
Start-ups around the world added $3.3 billion across 188 deals—representing a year-over-year decline of 77.2 percent and 55.7 percent, respectively. PitchBook’s latest “Emerging Tech Research” update explores VC trends in the supply chain space and highlights opportunities like blockchain technology and autonomous warehouse and delivery operations.
The report can be downloaded at this link.