Construex reposted this
This Week in Proptech: $31 million was invested across 13 companies at a median funding amount of $2.5 million. This week, companies leading proptech companies were Revela, Inc., Construex, Hybr, and more. The big story this week was the impact of logistics technology and its impact on the holiday shopping frenzy. As the holiday season unfolds, its impact on global supply chains and logistics becomes unmistakably clear. This crucial period, marked by heightened consumer demand, offers a unique lens to examine the pivotal role of venture capital in this sector. In 2023, with total funding exceeding $4.5 billion, venture capital investments in supply chain startups not only addressed the immediate demands of the holiday rush but also set in motion trends that are redefining the industry. · Zipline secured a Series F round of $330 million, highlighting its cutting-edge approach to autonomous delivery systems. · Standard Robots received $86.6 million in Series C funding, showcasing the growing interest in robotic automation for logistics. · Transfix, a modern supply chain impact at scale, raised a $40 million Series F. Subscribe to read more: creti.org Tags: #proptech #logistics #supplychain #realestate #venturecapital #innovation
