Total consumer industry venture financing deals in August 2019 worth $2.81bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 4.9% over the previous month and a rise of 68.7% when compared with the last 12-month average, which stood at $1.66bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.5bn. At the country level, the US topped the list in terms of deal value at $1.49bn.

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 August 2019 was the US with 57 deals, followed by China with 39 and India with 14.

In 2019, as of the end of August 2019, consumer venture financing deals worth $16.39bn were announced globally, marking an increase of 80.4% year on year.

Consumer industry venture financing deals in August 2019: Top deals

The top five consumer industry venture financing deals accounted for 22.4% of the overall value during August 2019.

The combined value of the top five consumer venture financing deals stood at $630m, against the overall value of $2.81bn recorded for the month.

The top five consumer industry deals of August 2019 tracked by GlobalData were:

1) Irving Investors and Park West Asset Management’s $175m venture financing of ThredUp

2) The $150m venture financing of Enjoy Technology by Highland Capital Partners, Kleiner Perkins Caufield & Byers, LCH Partners, Oak Capital Management, Riverwood Capital and Stamos Capital Partners

3) Facebook, Naspers Ventures, RPS Ventures, SAIF Partners India, Sequoia Capital India, Shunwei Capital Partners and Venture Highway’s $125m venture financing of Fashnear Technologies

4) The $100m venture financing of Hangzhou Haoyiku Network Technology by IDG Capital, K2VC, Qiming Venture Partners, Sky9 Capital, Tencent Holdings and Vision Plus Capital

5) Tencent Holdings’ venture financing of Yijiupi E-Commerce for $80m.

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.