2024 might be described as a caretaker year for the transport sector. The number of corporate-backed startup funding rounds for transport startups was down from the previous year, but the amount of dollars invested is on its way back up both for VC-backed and CVC-backed rounds. For CVCs the increase was over 50% from 2023 to 2024, although still nowhere near the levels seen just a few years ago.
Looking ahead at 2025, transport sector investors are signalling interest in areas adjacent to people transport systems themselves — logistics, industrials, autonomous vehicles for workforces — and a revival of interest in areas that have had less attention in recent years.
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