1. Deals Analysis
August 29, 2021

Consumer industry venture financing deals total $195m in Europe in July 2021

Total consumer industry venture financing deals worth $195m were announced in Europe in July 2021, led by $79.46m venture financing of Chiaro Technology, according to GlobalData’s deals database.

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The value marked a decrease of 79.8% over the previous month of $965.91m and a drop of 15.9% when compared with the last 12-month average of $231.84m.

Europe held a 6.31% share of the global consumer industry venture financing deal value that totalled $3.09bn in July 2021. With a 4.07% share and deals worth $125.75m, the UK was the top country in Europe’s venture financing deal value across consumer industry.

In terms of venture financing deal activity, Europe recorded 27 deals during July 2021, marking a decrease of 18.18% over the previous month and a drop of 10.00% over the 12-month average. The UK recorded 13 deals during the month.

Europe consumer industry venture financing deals in July 2021: Top deals

The top five consumer industry venture financing deals accounted for 76.1% of the overall value during July 2021.

The combined value of the top five consumer venture financing deals stood at $148.46m, against the overall value of $195m recorded for the month.

The top five consumer industry venture financing deals of July 2021 tracked by GlobalData were:

1) Chiaro Technology $79.46m venture financing deal with BlackRock Private Equity Partners,Business Growth Fund,Hiro Capital,IPGL,Octopus Ventures and Westerly Winds

2) The $30m venture financing of Exoticca by 14W Ventures,AldeA Ventures,Bonsai Partners,K Fund,Kibo Ventures,Mangrove Capital,Milano Investment Partners Sgr and Sabadell Venture Capital

3) Spotlight Oral Care $15m venture financing deal with Development Capital

4) Wicked Kitchen $14m venture financing deal with Nove Foods and Unovis Asset Management

5) The $10m venture financing of Front of the Pack Group by Andrew Dundum,Founder Collective,Heartcore Capital and Stride VC

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.