1. Deals Analysis
June 14, 2022

Consumer industry venture financing deals total $324.6m in Asia-Pacific in May 2022

By Carmen

Total consumer industry venture financing deals worth $324.6m were announced in Asia-Pacific in May 2022, led by $100m venture financing of Neso Brands, according to GlobalData’s deals database.

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The value marked an increase of 46.1% over the previous month of $222.13m and a drop of 62.8% when compared with the last 12-month average of $872.18m.

Asia-Pacific held a 30.05% share of the global consumer industry venture financing deal value that totalled $1.08bn in May 2022. With a 10.18% share and deals worth $109.93m, China was the top country in Asia-Pacific’s venture financing deal value across consumer industry.

In terms of venture financing deal activity, Asia-Pacific recorded 50 deals during May 2022, marking a decrease of 26.47% over the previous month and a drop of 32.43% over the 12-month average. China recorded 22 deals during the month.

Asia-Pacific consumer industry venture financing deals in May 2022: Top deals

The top five consumer industry venture financing deals accounted for 70.7% of the overall value during May 2022.

The combined value of the top five consumer venture financing deals stood at $229.62m, against the overall value of $324.6m recorded for the month.

The top five consumer industry venture financing deals of May 2022 tracked by GlobalData were:

1) Falcon Edge Capital,KKRInc,SoftBank Venture Capital and Temasek Holdings (HK) $100m venture financing deal with Neso Brands

2) The $75.02m venture financing of Seek Pet Products by Bailian Group,Boyu Capital Consultancy,Confitop Capital,GP Capital,Mango Capital,Riverhead Capital Investment Management,Sino Pacific Capital and Wuchan Zhongda Group

3) AJU IB Investment,D3 Jubilee Partners,Daesung Startup Investment,Hanwha Investment & Securities,KDB Industrial Bank,Lotte Ventures,NH Venture Investment,Open Water Investment and Sejong Industrial $21.06m venture financing deal with Armored Fresh

4) The $17.54m venture financing of Fable Food by Blackbird Ventures and Grok Ventures

5) Axis Growth Avenues AIF- I,N+1 Capital and SRF $16m venture financing deal with August Jewellery

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.

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