Tech IV: Venture Capital’s Honeymoon or Swan Song?
The recent period of historic venture capital investment into freight and logistics has centered around technology aimed at the truckload industry. That’s no surprise given it’s the biggest single mode, in terms of freight spend, never mind the most fragmented part of the industry. But as 2021 transitioned to 2022, the nature of public and private investment markets changed. Some of that was due to external factors that have an influence on market confidence (the Russia-Ukraine war, COVID lockdowns in China) but some is directly tied to supply chains (inflation, fuel costs, and a shift back to spending on services over goods). What does all this portend for early- and growth-stage investment into trucking technology? In this session, a trio of investors who focus on logistics and supply chain will share their insights about whether we’ve reached a crescendo in venture’s fascination with trucking, or whether we’re only getting started.