Top 10 Venture Capital Investors in Retail & Wholesale Industry in the World in 2021 by Deal Value
Tiger Global Management LLC, Tencent Holdings Ltd, SoftBank Vision Fund II, DST Global, and GIC Pte Ltd are among the top 5 venture capital investors in the retail & wholesale industry in the world in 2021 by deal value.
In terms of the geographic split, 7 out of 10 of the world’s top 10 venture capital investors in the retail & wholesale industry are headquartered in North America, and the remaining 3 are based in Asia. They employed a total of 110,715 people in 2021.
JOKR’s Series B financing deal was one of the major VC deals in the retail & wholesale sector in 2021. Latham & Watkins LLP served as legal advisor to Activant Capital Group LLC. JOKR, a Luxembourg-based instant grocery and retail delivery platform provider, has secured $260 million In Series B funding from GGV Capital, Balderton Capital, and Tiger Global Management with participation from Activant Capital, Greycroft, G-Squared, and others. The deal was completed in Q4 2021.
Rootbridge Tech’s Series B financing deal was another major VC deal in the retail & wholesale sector in 2021. IndusLaw served as legal advisor to Sequoia Capital India. Rootbridge Tech Pte Lte (ULA), an Indonesian B2B e-commerce marketplace, has secured $87 million in Series B funding co-led by Prosus Ventures, Tencent, and B Capital. Other investors in the round include Bezos Expeditions, Northstar group, AC Ventures, Citius, and others. The deal was completed in Q4 2021.
Gorillas Technologies Series C financing was another major VC deal in the retail & wholesale sector in 2021. Clifford Chance LLP served as legal advisor to Delivery Hero SE. Gorillas Technologies GmbH, a Germany-based company that delivers groceries at retail prices, has secured $950 million in Series C venture funding led by Delivery Hero. The deal was completed in Q3 2021.
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