1. Deals Analysis
May 19, 2021

Consumer industry cross border venture financing deals total $1.4bn globally in April 2021

The $700m venture financing of Dingdong Maicai was the consumer industry’s top cross border venture financing deal as total deals worth $1.4bn were announced globally in April 2021, according to GlobalData’s deals database.

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The value marked an increase of 22.2% over the previous month of $1.17bn and a rise of 333.8% when compared with the last 12-month average, which stood at $329.68m.

Comparing cross border venture financing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.18bn. At the country level, the China topped the list in terms of deal value at $1000m.

In terms of volumes, Asia-Pacific emerged as the top region for consumer industry cross border venture financing deals globally, followed by Europe and then North America.

The top country in terms of cross border venture financing deals activity in April 2021 was the China with four deals, followed by the India with four and Singapore with three.

In 2021, as of April, consumer cross border venture financing deals worth $3.27bn were announced globally, marking a decrease of 249.7% year on year.

consumer industry cross border venture financing deals in April 2021: Top deals

The top five consumer industry cross border venture financing deals accounted for 93.6% of the overall value during April 2021.

The combined value of the top five consumer cross border venture financing deals stood at $1.34bn, against the overall value of $1.4bn recorded for the month.

The top five consumer industry cross border venture financing deals of April 2021 tracked by GlobalData were:

1) 3W Fund Management, APlus Partners Management, Aspex Management, Capital Today, CMC Capital Group, Coatue Management, Cygnus Equity, DST Global, General Atlantic, Hony Capital, MassAve Global, Ocean Link, Sequoia Capital and Tiger Global Management’s $700m venture financing of Dingdong Maicai

2) The $300m venture financing of Fiture by All-Stars Investment, BAI Capital, Black Ant Capital, C Capital, Coatue Management, CPEChina Fund, DST Global, Jinshajiang Venture Capital, Legend Capital, Sequoia Capital China, Tencent Holdings, Weilai Capital and Z1 Capital

3) Doha Venture Capital, EDBI, Pavilion Capital, Ron Tan and Seatown Holdings International’ $176.9m venture financing of Cityneon

4) The $115m venture financing of Comuto by FMZ Ventures, Otiva and VNV Global

5) ZK International Group’s venture financing of CG Malta Holding for $50m.

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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