1. Deals Analysis
July 19, 2021

Consumer industry venture financing deals total $371.5m in Asia-Pacific in June 2021

Total consumer industry venture financing deals worth $371.5m were announced in Asia-Pacific in June 2021, led by $93.74m venture financing of Baoshui Group, according to GlobalData’s deals database.

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The value marked a decrease of 62.2% over the previous month of $982.88m and a drop of 35.6% when compared with the last 12-month average of $576.85m.

Asia-Pacific held a 16.81% share of the global consumer industry venture financing deal value that totalled $2.21bn in June 2021. With a 12.85% share and deals worth $284.05m, 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 61 deals during June 2021, marking an increase of 24.49% over the previous month and a rise of 15.09% over the 12-month average. China recorded 36 deals during the month.

Asia-Pacific consumer industry venture financing deals in June 2021: Top deals

The top five consumer industry venture financing deals accounted for 56.9% of the overall value during June 2021.

The combined value of the top five consumer venture financing deals stood at $211.33m, against the overall value of $371.5m recorded for the month.

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

1) Country Garden Venture Capital, Richu Capital and Suzhou Yuanyi Equity Investment Partnership’s $93.74m venture financing of Baoshui Group

2) The $46.31m venture financing of Wuye Banmian by CDH Investments Fund Management and Growth Capital Ventures Ltd.

3) FEBE Ventures, L Catterton’s Growth Fund, Partech, RTP Global, Seeds Capital, Sequoia Capital India Investments Holdings III Holdings and TNB Aura Fund 1’s $40m venture financing of Zenyum

4) The $15.65m venture financing of SChrysanthemum Kailuwei by Buzhu Venture Capital, Light Rock Venture Capital, Wanwu Capital and Zhongyuan Capital

5) Buer Capital, Fuji Capital Pte., INCE Capital, Innovation Workshop and Tiantu Capital’ venture financing of Letikong for $15.64m.

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.