News / $28bn invested in freight tech start-ups since 2015 – most in last-mile and B2C

ID 158821650 © Andrei Gabriel Stanescu | Dreamstime.com

Venture capital funding into the logistics industry has amounted to nearly $28bn since 2015, research from McKinsey shows.

And although US digital freight forwarder Flexport has taken many of the headlines during this period, it is actually the last-mile and B2C logistics sectors that have received the overwhelming proportion of that finance.

Ocean and air freight platforms – in which McKinsey classes Flexport – follow far behind.

And, somewhat surprisingly, given the focus of much of the industry on software, it is start-ups ...