🛵 $200M Mobility Funding. $480M+ VC Funding.
Daily Impact Deals #175 looks at major deals and M&A in impact industries and upcoming economic releases.
Ciao 🍕
📈 Today's Global Economic Update: Germany's trade surplus narrowed to EUR 16.8B in July 2024, the smallest since December 2022, as exports increased by 1.7% and imports grew by 5.4%. Exports to the EU were up by 3.3%, while shipments to the US, China, and the UK declined, and exports to Russia went up by 18.9%.
🛵 Deal of the Day: Rapido, an Indian ride-hailing platform, raised a $200M Series E from WestBridge Capital, becoming India’s fourth unicorn of 2024.
What's New?
🌍 Climate. Mobility, sustainable materials, cleantech, and carbon capture
💻 Technology. Open-source framework
📅 Economics. Euro area interest rate, US employment data, balance of trade + more
🌍 Climate
🛵 Rapido, an Indian ride-hailing platform, raised a $200M Series E from WestBridge Capital, becoming India’s fourth unicorn of 2024.
♻️ 6K, a Massachusetts-based sustainable materials producer, raised an $82M Series E round to scale production.
🌱 Calyxia, a Paris-based cleantech B Corp, raised a $35M Series B from Astanor Ventures to help manufacturers tackle plastic pollution with its biodegradable microcapsules and microparticles.
🌪️ Mantel, a Boston-based tech company, raised a $30M Series A from Shell Ventures to advance its molten borate-based carbon capture system.
💻 Technology
🌐 Laravel, an Arkansas-based open-source PHP framework, raised a $57M Series A, the funding will be used to expand.
📅 Economic Calendar
Euro Area Interest Rate, US Employment Data, Balance of Trade + More
Friday, September 06th 2024
🇨🇦 Canada Employment Data, August
🇺🇸 US Employment Data, August
🇨🇳 China Balance of Trade Data, August
Monday, September 09th 2024
🇦🇺 Australia Westpac Consumer Confidence Data, September
Tuesday, September 10th 2024
Wednesday, September 11th 2024
🇬🇧 UK GDP Data, July
🇺🇸 US Core Inflation Data, August
🇺🇸 US Inflation Data, August
Thursday, September 12th 2024
🇪🇦 Euro Area ECB Interest Rate Decision
🇺🇸 US PPI Data, August
Friday, September 13th 2024
🇺🇸 US Michigan Consumer Sentiment (Preliminary), September
🇨🇳 China Retail Sales Data, August
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