In the second half of 2021, venture financing deals increased significantly by 60% from the same period in 2020.
This marks an acceleration in growth from the 37.5% increase in deals seen from the first six months of 2020 to the same period in 2021.
During this time, North America was the region that saw the biggest increase in the number of deals. Deals rose by 100% in the region.
From the second half of 2020 to the second half of 2021, the largest regional increase in deals was also seen in North America. The region saw a 166.7% increase in deals.
During second half of 2021, venture financing deals accounted for 9.3% of deals taking place in the sector. This represents an increase from the figure of 2.7% in second half of 2020.
GlobalData's deals database is a comprehensive repository that looks at mergers, acquisitions, venture financing, equity offerings, asset transactions, partnerships and debt offerings taking place daily between thousands of companies across the world.
The database details key deal information, such as deal summary, deal rationale, deal financials, parties involved, advisors and deal payment modes.
By tracking the proportion of various types of deals in each sector we can gauge which sectors are seeing growth and where others are struggling. The highest value venture financing deal that took place in 2021 (where the deal value was known) was the $36 million secured by Augmedics, a Chicago-based surgical company.
The database states that the rationale behind this deal was as follows: "The company intends to use the proceeds to promote and expand operations and meet the strong demand for its technology in the US following the commercial launch in 2020."