# PE firms backing Consumer Goods (2026 list) > 32 PE firms backing Consumer Goods, 94% active in the last 12 months. Led by Gaingels, Goldman Sachs, Citibank. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-cpg (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms backing Consumer Goods Updated 7 November 2026 PE firms we have observed in a consumer Goods round in the last two years. [See all 32 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-cpg)The top 25 **32** investors on the list No change this week **820** cheques in 12 months *-7%* against the market **$23M** median round they joined *+181%* against the market median **94%** wrote a cheque in 12 months **78%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (24) - 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen - 2 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen - 3 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen - 4 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen - 5 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen - 6 [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) *Deploying now* Private equity · United States **260** **$124M** median round **Oct 2026** last seen - 7 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen - 8 [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) *Deploying now* Private equity · United Kingdom **178** **$115M** median round **Oct 2026** last seen - 9 [Bond](https://millionrounds.com/fund/bond) *Deploying now* Growth equity · United States **154** **$47M** median round **Sept 2026** last seen - 10 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen - 11 [Beringea](https://millionrounds.com/fund/beringea) *Deploying now* Private equity · United States **116** **$8.8M** median round **Sept 2026** last seen - 12 [WndrCo](https://millionrounds.com/fund/wndrco) *Deploying now* Private equity · United States **114** **$15M** median round **Sept 2026** last seen - 13 [L Catterton](https://millionrounds.com/fund/l-catterton) *Deploying now* Private equity · United States **110** **$34M** median round **Oct 2026** last seen - 14 [S2G Investments](https://millionrounds.com/fund/s2g-investments) *Deploying now* Growth equity · United States **102** **$16M** median round **Oct 2026** last seen - 15 [Better Capital](https://millionrounds.com/fund/better-capital) *Deploying now* Private equity · United Kingdom **97** **$2.5M** median round **Oct 2026** last seen - 16 [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) *Deploying now* Private equity · United Kingdom **91** **$35M** median round **Nov 2026** last seen - 17 [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) *Deploying now* Growth equity · Sri Lanka **87** **$75M** median round **Sept 2026** last seen - 18 [Flashpoint](https://millionrounds.com/fund/flashpoint-2) *Deploying now* Growth equity · United Kingdom **50** **$7M** median round **May 2026** last seen - 19 [Puma Growth Partners](https://millionrounds.com/fund/puma-growth-partners) *Deploying now* Growth equity · United Kingdom **5** **$11M** median round **Oct 2026** last seen - 20 [ProVen VCTs](https://millionrounds.com/fund/proven-vcts) *Deploying now* Growth equity **5** **$7M** median round **Jul 2026** last seen - 21 [Black Peak Capital](https://millionrounds.com/fund/blackpeak-capital) *Deploying now* Private equity · Bulgaria **4** **$29M** median round **Apr 2026** last seen - 22 [W23 Global](https://millionrounds.com/fund/w23-global) *Deploying now* Growth equity · United Kingdom **4** **$35M** median round **Nov 2026** last seen - 23 [LGVP](https://millionrounds.com/fund/lgvp) *Deploying now* Growth equity **3** **$35M** median round **Oct 2026** last seen - 24 [Coefficient Capital](https://millionrounds.com/fund/coefficient-capital) quiet Private equity · United States **2** **$19M** median round **May 2025** last seen - 25 [Top Shelf Ventures](https://millionrounds.com/fund/top-shelf-ventures) *Deploying now* Private equity · United States **2** **$12M** median round **Sept 2026** last seen **7 more on this list** All 32 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-cpg) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) - **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) - **2** Nov **[Larridin](https://millionrounds.com/company/larridin)** Series A · $30M *With* [W23 Global](https://millionrounds.com/fund/w23-global) - **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc) - **30** Oct **[Complaion](https://millionrounds.com/company/complaion)** Other *Led by* [Eurazeo](https://millionrounds.com/fund/eurazeo) - **29** Oct **[Dren Bio](https://millionrounds.com/company/dren-bio)** Other · $350M *With* [OrbiMed](https://millionrounds.com/fund/orbimed) ## Stages This Year 765 rounds - Venture **21%** - Debt **17%** - Series A **12%** - Other **10%** - Seed **10%** - Other **30%** ## What They Backed Sectors, last 12 months - AI **220** - Biotech **90** - Fintech **54** - Financial Services **45** - Pharma **44** - Aerospace & Space **39** ## Cheques by Quarter Led Joined 221 Q1 25 219 Q2 25 240 Q3 25 308 Q4 25 278 Q1 26 234 Q2 26 145 Q3 26 37 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai) - [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech) - [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data) - [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech) - [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics) - [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction) - [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy) - [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai) - [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about PE firms backing Consumer Goods ### Who are the most active PE firms backing Consumer Goods? By cheques observed, the most active are Gaingels, Goldman Sachs, Citibank, Pioneer Fund and OrbiMed. ### How many PE firms backing Consumer Goods are there? 32 are on record. 94% made an investment in the last 12 months and 78% have led a round. ### Which stages do PE firms backing Consumer Goods back? Of the rounds with a named stage in the last 12 months, mostly Debt (27%) and Series A (18%). ### How big are the rounds PE firms backing Consumer Goods join? The typical (median) round among the leading investors here is $28M. ### Which sectors do PE firms backing Consumer Goods back most? In the last 12 months, mostly AI, Biotech and Fintech. ### Which PE firms backing Consumer Goods lead the most rounds? Goldman Sachs (22 led), Bond (11 led) and Eurazeo (10 led). ### Where are PE firms backing Consumer Goods based? Among the most active, most are based in the United States (13), the United Kingdom (7) and France (1). ### What have PE firms backing Consumer Goods invested in recently? Recent rounds include Nyquis (Seed, Nov 2026, with Pioneer Fund), Scatec (Debt, Nov 2026, with European Bank for Reconstruction and Development) and Larridin (Series A, Nov 2026, with W23 Global). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)