Consumer industry venture financing deals in August 2020 total $1.85bn globally

29 September 2020 (Last Updated September 29th, 2020 15:57)

Consumer industry venture financing deals in August 2020 total $1.85bn globally

Total consumer industry venture financing deals in August 2020 worth $1.85bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 7.05% over the previous month and a rise of 1.6% when compared with the last 12-month average, which stood at $1.82bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.2bn. At the country level, the US topped the list in terms of deal value at $1.18bn.

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

The top country in terms of venture financing deals activity in August 2020 was the US with 56 deals, followed by China with 25 and the UK with nine.

In 2020, as of the end of August 2020, consumer venture financing deals worth $13.97bn were announced globally, marking a decrease of 14.2% year on year.

Consumer industry venture financing deals in August 2020: Top deals

The top five consumer industry venture financing deals accounted for 67.7% of the overall value during August 2020.

The combined value of the top five consumer venture financing deals stood at $1.25bn, against the overall value of $1.85bn recorded for the month.

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

1) Capital Today, Eastern Bell Capital and Tencent Holdings’ $358.28m venture financing of Yipin Fresh

2) The $350m venture financing of Fanatics by Fidelity Capital Investors, Franklin Templeton Investments, Neuberger Berman and Thrive Capital

3) Baillie Gifford &, D1 Capital Partners, Durable Capital Partners and T. Rowe Price Group’s $245m venture financing of JAND

4) The $200m venture financing of Impossible Foods by Coatue Management, Mirae Asset Global Investments, Temasek Holdings (Private) and XN – US

5) Goldman Sachs Asset Management, Kinnevik, Kleiner Perkins Caufield & Byers, New Enterprise Associates and Temasek Holdings (Private)’s venture financing of Omio for $100m.

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.