【-】2024年四季度移动技术风险投资趋势2025_10页_5mb

VC Activity in Q4 2024: Mobility tech VC activity sharply increased, driven by the $5.6 billion Waymo deal. Quarterly deal value rose to $10.4 billion, a 127.5% quarter-over-quarter increase, but deal count declined 9.9% QoQ. Excluding Waymo, remaining activity was modest, with deal value down 34% from Q4 2023.

Segment Performance: Advanced air mobility was the strongest segment, with $989.7 million in deal value, the highest quarterly amount since Q4 2021. Auto commerce was the weakest, with the lowest deal value and count in over seven years. Other segments like autonomous driving and last-mile delivery showed moderate activity.

Notable Deals: Key Q4 transactions included Waymo ($5.6B, autonomous driving, late-stage VC), IM Motors ($1.3B, electric vehicles, early-stage VC), Skydio ($400M, advanced air mobility, late-stage VC), and Didi Autonomous Driving ($298M, autonomous driving, late-stage VC). Notable exits featured IPOs such as Swiggy ($1.4B, last-mile delivery) and Pony.ai ($260M, autonomous driving).

Exit Activity: Q4 exit value reached $28.7 billion, the highest since Q4 2021, dominated by IPOs and listings like Horizon Robotics ($695.6M) and Ola Electric ($3.3B).

Time-Based Summary: Quarterly deal count averaged about 163 from Q1 to Q4 2024, up slightly from prior quarters. TTM deal value totaled $27.2 billion, with significant growth in both 2024 and 2025 metrics compared to 2023.