# Corporate VCs backing Logistics (2026 list)

> 58 corporate VCs backing Logistics, 93% active in the last 12 months. Led by Google Ventures, Salesforce Ventures, Endeavor Catalyst.

Source: https://millionrounds.com/lists/corporate-vcs-logistics (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Corporate VCs backing Logistics

Updated 7 November 2026

Corporate VCs we have observed in a logistics round in the last two years.

[See all 58 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-logistics)The top 25

**58** investors on the list *+2* this week

**736** cheques in 12 months *+9%* against the market

**$27M** median round they joined *+242%* against the market median

**93%** wrote a cheque in 12 months

**36%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 2 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 3 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 4 [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) *Deploying now* Corporate VC · United States **228** **$20M** median round **Oct 2026** last seen
- 5 [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) *Deploying now* Corporate VC · Japan **200** **$10M** median round **Oct 2026** last seen
- 6 [M Ventures](https://millionrounds.com/fund/m-ventures) *Deploying now* Corporate VC · Switzerland **143** **$15M** median round **Sept 2026** last seen
- 7 [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) *Deploying now* Corporate VC · Japan **142** **$10M** median round **Sept 2026** last seen
- 8 [Siemens](https://millionrounds.com/fund/siemens) *Deploying now* Corporate VC · Germany **140** **$135M** median round **Oct 2026** last seen
- 9 [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) *Deploying now* Corporate VC · United Kingdom **128** **$23M** median round **Oct 2026** last seen
- 10 [Rabobank](https://millionrounds.com/fund/rabobank) *Deploying now* Corporate VC · Netherlands **122** **$3.2M** median round **Nov 2026** last seen
- 11 [Alibaba Group](https://millionrounds.com/fund/alibaba-group) *Deploying now* Corporate VC · China **113** **$35M** median round **Sept 2026** last seen
- 12 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen
- 13 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 14 [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) *Deploying now* Corporate VC · United Kingdom **105** **$6.3M** median round **Nov 2026** last seen
- 15 [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) *Deploying now* Corporate VC · United States **104** **$17M** median round **Sept 2026** last seen
- 16 [Societe Generale](https://millionrounds.com/fund/societe-generale-2) *Deploying now* Corporate VC · France **94** **$129M** median round **Oct 2026** last seen
- 17 [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) *Deploying now* Corporate VC · United States **80** **$27M** median round **Oct 2026** last seen
- 18 [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) *Deploying now* Corporate VC · India **79** **$2.5M** median round **Nov 2026** last seen
- 19 [Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) *Deploying now* Corporate VC · United States **76** **$20M** median round **Nov 2026** last seen
- 20 [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) *Deploying now* Corporate VC · Germany **59** **$31M** median round **Oct 2026** last seen
- 21 [Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures) *Deploying now* Corporate VC · United States **59** **$35M** median round **May 2026** last seen
- 22 [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) *Deploying now* Corporate VC · United States **56** **$27M** median round **Sept 2026** last seen
- 23 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) *Deploying now* Corporate VC · Netherlands **54** **$185M** median round **Nov 2026** last seen
- 24 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen
- 25 [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) *Deploying now* Corporate VC · United States **46** **$23M** median round **Nov 2026** last seen

**33 more on this list**

All 58 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-logistics)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund)
- **5** Nov **[Pure Data Centres Group](https://millionrounds.com/company/pure-data-centres-group)** Debt · $1.9B *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing)
- **5** Nov **[Return](https://millionrounds.com/company/return)** Debt · $936M *With* [Rabobank](https://millionrounds.com/fund/rabobank)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **4** Nov **Sentra** Series C · $150M *With* [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures)

## Stages This Year

672 rounds

- Series A **18%**
- Series B **14%**
- Venture **13%**
- Seed **11%**
- Debt **10%**
- Other **34%**

## What They Backed

Sectors, last 12 months

- AI **266**
- Fintech **66**
- Energy **64**
- Big Data & Analytics **46**
- Logistics **39**
- Healthcare **37**

## Cheques by Quarter

Led Joined

165 Q1 25

164 Q2 25

189 Q3 25

219 Q4 25

236 Q1 26

201 Q2 26

164 Q3 26

53 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in mobility and logistics

- Tesla Motors: How Elon Musk and Company Made Electric Cars Cool, and Sparked the Next Tech Revolution Charles Morris · 2014 4.28 from 202 ratings on Goodreads Mobility and logistics Company building About the book In twelve years of existence, Tesla Motors has achieved many amazing feats. The most trusted sources in the auto industry have called its Model S the most advanced, safest and best-performing car ever built - and it doesn’t use a drop of gasoline. Tesla has changed the way the… On AmazonListen on Audible
- Empires of the Sky: Zeppelins, Airplanes, and Two Men's Epic Duel to Rule the World Alexander Rose · 2020 4.34 from 637 ratings on Goodreads Mobility and logistics About the book At the dawn of the twentieth century, when human flight was still considered an impossibility, Germany's Count von Zeppelin vied with the Wright Brothers to build the world's first successful flying machine. As the Wrights labored to invent the airplane, Zeppelin fathered the… On AmazonListen on Audible
- Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil Hamish McKenzie · 2018 3.70 from 784 ratings on Goodreads Mobility and logistics Company building About the book "You'll tell me if it ever starts getting genuinely insane, right?" --Elon Musk, TED interview Hamish McKenzie tells how a Silicon Valley start-up's wild dream came true. Tesla is a car company that stood up against not only the might of the government-backed Detroit car… On AmazonListen on Audible
- Wild Ride: Inside Uber's Quest for World Domination Adam Lashinsky · 2017 3.67 from 968 ratings on Goodreads Mobility and logistics Company building Moats and competition About the book In your pocket is something amazing: a quick and easy way to summon a total stranger who will take you anywhere you'd like. In your hands is something equally amazing: the untold story of Uber's meteoric rise, and the massive ambitions of its larger-than-life founder and… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=mobility).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about corporate VCs backing Logistics

### Who are the most active corporate VCs backing Logistics?

By cheques observed, the most active are Google Ventures, Salesforce Ventures, Endeavor Catalyst, Qualcomm Ventures and Z Venture Capital.

### How many corporate VCs backing Logistics are there?

58 are on record. 93% made an investment in the last 12 months and 36% have led a round.

### Which stages do corporate VCs backing Logistics back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Series B (18%).

### How big are the rounds corporate VCs backing Logistics join?

The typical (median) round among the leading investors here is $25M.

### Which sectors do corporate VCs backing Logistics back most?

In the last 12 months, mostly AI, Fintech and Energy.

### Which corporate VCs backing Logistics lead the most rounds?

Google Ventures (33 led), CapitalG (20 led) and Salesforce Ventures (12 led).

### Where are corporate VCs backing Logistics based?

Among the most active, most are based in the United States (12), Japan (2) and Germany (2).

### What have corporate VCs backing Logistics invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Pure Data Centres Group (Debt, Nov 2026, with ABN AMRO Fund) and Return (Debt, Nov 2026, with Rabobank).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)