Venture financing deals increased significantly in the private banking industry in H2 2021
In the second half of 2021 venture financing deals increased significantly by 51.5% from the same period in 2020.
This marks an acceleration in growth from the 33.2% increase in deals seen from the first six months of 2020 to the same period in 2021.
During this time, the region that saw the biggest increase in the number of deals was Europe.
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 seen in The Asia-Pacific region.
The region saw a 400% increase in deals.
During second half of 2021, venture financing deals accounted for 37.5% of deals taking place in the sector. This represents an increase from the figure of 18% 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 $1,600m secured by Databricks.
The database states that the rationale behind this deal was as follows: "Databricks intends to use proceeds to accelerate its massive and rapidly growing data lakehouse market."
Big data related deals in the private banking industry increased in H1 2021
Big data related deals made up 3.5% of all deals announced in the private banking sector in H1 2021.
This represents an increase from the figure of 3.2% in the last six months of 2020 and a decrease from 4.9% in the first six months of 2020.
GlobalData’s deals database looks at mergers, acquisitions and venture capital and private equity investments taking place daily between thousands of companies across the world.
In the first six months of 2021, the overall number of announced deals in the private banking sector increased by 10.9%, from the last six months of 2020.
GlobalData's thematic approach to sector activity seeks to group key company information on investments to see which industries are best placed to deal with any issues they may encounter.
These themes, of which big data is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking them, it becomes possible to ascertain which companies are leading the way on specific issues and which ones have some work to do.