Consumer industry venture financing deals in September 2020 total $1.6bn globally

22 October 2020 (Last Updated October 22nd, 2020 18:22)

Consumer industry venture financing deals in September 2020 total $1.6bn globally

Total consumer industry venture financing deals in September 2020 worth $1.6bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 14.7% over the previous month and a drop of 13.5% when compared with the last 12-month average, which stood at $1.85bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $793.87m. At the country level, China topped the list in terms of deal value at $635.72m.

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 September 2020 was China with 35 deals, followed by the US with 33 and India with 14.

In 2020, as of the end of September 2020, consumer venture financing deals worth $16.09bn were announced globally, marking a decrease of 13.2% year on year.

Consumer industry venture financing deals in September 2020: Top deals

The top five consumer industry venture financing deals accounted for 47% of the overall value during September 2020.

The combined value of the top five consumer venture financing deals stood at $750m, against the overall value of $1.6bn recorded for the month.

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

1) Baillie Gifford &, China Merchants Bank International Capital and China Renaissance Holdings’ $300m venture financing of Chongqing Jiangxiaobai Liquor

2) The $140m venture financing of Guangzhou Yixian E-Commerce by Loyal Valley Capital, The Carlyle Group and Warburg Pincus

3) L Catterton, Mayfield Fund, Michelle Wie, Mousse Partners, Paul George, Rudy Gay, Sapphire Sport, Shasta Ventures Management, Stephen Curry and Transformational Healthcare Venture Capital’s $110m venture financing of Tonal Systems

4) The $100m venture financing of GOAT Group by D1 Capital Partners

5) Franklin Resources’ venture financing of Allbirds 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.