Investment Rating - The report does not explicitly state an investment rating for the supply chain tech industry Core Insights - The supply chain tech vertical's Q1 2025 deal value was $2.4 billion, down sharply QoQ but up 23.8% YoY, indicating a return to normal levels seen in Q3 2024 and prior quarters [14] - Deal count decreased by 13.3% YoY and 14.7% QoQ, while exit count rose 50% QoQ to 21, driven by a doubling in acquisitions [14] - Notable deals included Neolix's $137.9 million Series C round and Odeko's $126 million Series E round, highlighting significant investment activity in autonomous trucks and supply chain software [15] Supply Chain Tech Landscape - The supply chain tech landscape includes segments such as enterprise supply chain management, warehousing tech, freight tech, and last-mile delivery [9][12] - Key technologies in these segments include asset tracking, autonomous delivery, and warehouse automation [12] VC Activity - Q1 2025 saw a total deal value of $2.4 billion, with a notable decline in deal count across pre-seed/seed, early, and late stages, while venture-growth deal count rose by 45% [14] - The freight tech segment's deal value was approximately twice the average of the prior four quarters, while enterprise supply chain management saw modest QoQ growth [14] Deal Summary - Key supply chain tech VC deals in Q1 2025 included Neolix ($137.9 million), Odeko ($126 million), and Infra.Market ($122 million), showcasing a strong interest in logistics and procurement solutions [31] - The report indicates a total of 163 deals in Q1 2025, with a deal value of $2.4 billion, reflecting a significant share of total VC activity [35] Exit Activity - The exit count in Q1 2025 was 21, with notable acquisitions including Peak by UiPath, indicating a robust exit environment for supply chain tech companies [15][33] - The report highlights a trend of increasing acquisitions, with a total of 14 acquisitions in Q1 2025 [35]