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  1. Deals Analysis
August 1, 2022

Beverage industry venture financing deals total $29.4m in Asia-Pacific in Q2 2022

By Carmen

Led by $15.7m venture financing of Greater Than or Equal to Nine, total beverage industry venture financing deals worth $29.4m were announced in Asia-Pacific in Q2 2022, according to GlobalData’s deals database.

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The value marked a decrease of 87.3% over the previous quarter and a drop of 94% when compared with the last four-quarter average of $488.57m.

Asia-Pacific held an 11.70% share of the global beverage industry venture financing deal value that totalled $251.35m in Q2 2022. With a 9.61% share and deals worth $24.16m, China was the top country in Asia-Pacific’s venture financing deal value across beverage industry.

In terms of deal activity, Asia-Pacific recorded 26 deals during Q2 2022, marking an increase of 44.44% over the previous quarter and a drop of 17.46% over the last four-quarter average. China recorded 13 deals during the month.

Asia-Pacific beverage industry venture financing deals in Q2 2022: Top deals

The top five venture financing deals accounted for 89.7% of the overall value during Q2 2022.

The combined value of the top five beverage venture financing deals stood at $26.37m, against the overall value of $29.4m recorded for the quarter.

The top five beverage deals of Q2 2022 tracked by GlobalData were:

1) Centurium Capital $15.7m venture financing deal with Greater Than or Equal to Nine

2) The $7.44m venture financing of Leyin Innovation Technology by Kuanzhai Venture Capital and Shengjing Jiacheng Investments

3) 7Square Ventures,Anirudh Somani,Keki Mistry,Roots Ventures (India),Varun Alagh,Vidur Talwar and Vishesh Khurana $1.85m venture financing deal with Radiohead BrandsLtd

4) The $0.78m venture financing of Zhicha by Hubei Zhiyuanqiao Technology

5) David Burson and George Georgiadis $0.6m venture financing deal with Monceau

Related Companies

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Growing consumer concern regarding health and wellbeing has increased the focus on reducing sugar consumption. This has driven food and beverage manufacturers, alongside governments, to take measures to meet this challenge. In addition, the pandemic heightened the focus on self-care, including implementing healthy eating to support the immune system. Now more than ever, consumers are paying attention to the amount of sugar and calories in the products they purchase. Access GlobalData’s new whitepaper, The Sugar Reduction Challenge – Past, Present and Future Outlooks within Beverages, to better understand the recent trends in sugar demand, how manufacturers and governments have responded to the challenge, and what solutions are available to the industry. The white paper covers:
  • The key factors behind the recent trends in sugar consumption
  • What is driving consumer choices when shopping for food and beverages?
  • How companies and governments are stepping up their efforts to meet consumers’ expectations
  • The outlook for sugar demand
  • Which ingredients stand to benefit from these future developments?
Enter your details here to receive the free whitepaper.
by GlobalData
Enter your details here to receive your free Whitepaper.

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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