Consumer industry venture financing deals in April 2020 total $2.29bn globally

22 May 2020 (Last Updated May 22nd, 2020 07:39)
Consumer industry venture financing deals in April 2020 total $2.29bn globally

Total consumer industry venture financing deals in April 2020 worth $2.29bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 68.02% over the previous month and a rise of 16.4% when compared with the last 12-month average, which stood at $1.97bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.43bn. At the country level, China topped the list in terms of deal value at $1.24bn.

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

The top country in terms of venture financing deals activity in April 2020 was the US with 42 deals, followed by China with 21 and the UK with 19.

In 2020, as of the end of April 2020, consumer venture financing deals worth $7.23bn were announced globally, marking an increase of 0.7% year on year.

Consumer industry venture financing deals in April 2020: Top deals

The top five consumer industry venture financing deals accounted for 75% of the overall value during April 2020.

The combined value of the top five consumer venture financing deals stood at $1.72bn, against the overall value of $2.29bn recorded for the month.

The top five consumer industry deals of April 2020 tracked by GlobalData were:

1) Legend Capital’s $1bn venture financing of Qingju

2) The $400m venture financing of Via Transportation by Broadscale Group, Ervington Investments- Cyprus, Exor International, 83North Venture Capital, Hearst Ventures, Macquarie Capital (Europe), Mori Trust, Pitango Growth, Planven Investments, RiverPark Ventures and Shell Ventures

3) Digital Sky Technologies, Hillhouse Capital Group and Sequoia Capital Operations’ $150m venture financing of Curly

4) The $100m venture financing of Beijing Bubble Mart Cultural and Creative by Huaxing New Economic Fund and Loyal Valley Capital

5) Bellco Capital, D1 Capital, OCV Partners, Polaris Partners, Red Sea Ventures, Sean Parker and Two River Group Holdings’ venture financing of ByHeart for $70m.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.