⚡$277M Energy Acquisition. $290M+ VC Funding Day.
Daily Impact Deals #163 looks at major deals and M&A in impact industries and upcoming economic releases.
Sawubona 🦁
📈 Today's Global Economic Update: In July, Canada's inflation rate fell to a 40-month low of 2.5%, matching expectations and signaling further interest rate cuts by the Bank of Canada, possibly reducing the benchmark rate to 3.75% by year-end.
💊 Deal of the Day: Pathalys Pharma, a private biopharmaceutical company, raised a $105M Series B.
What's New?
🌍 Climate. Oil & Gas and materials tech
💻 Technology. Software engineering
🩺 Health. Biopharma and Healthcare
📅 Economics. Euro area inflation, US GDP, personal income & spending+ more
🌍 Climate
⚡ Gran Tierra Energy, a Canadian oil and gas company, signed a definitive agreement to acquire i3 Energy for $227M, a UK-based energy company.
♻️ Fortera, a California-based materials tech company, raised an $85M Series C from Khosla Ventures to scale its low-carbon cement technology.
📦 The Rounds, a reusable packaging grocery delivery startup, raised a $24M Series B from Moderne Ventures to expand operations.
🩺 Health
💊 Pathalys Pharma, a North Carolina-based private biopharmaceutical company, raised a $105M Series B from TCGX.
⚕️ Even Healthcare, an Indian healthcare company, raised $20M in a new round from Khosla Ventures. The fresh funding for the Bengaluru-based firm has come after a gap of 20 months.
💻 Technology
🌐 Allstacks, a North Carolina-based software engineering intelligence platform provider, raised a $10M Series A to expand their product capabilities around enterprise scalability.
📅 Economic Calendar
Euro Area Inflation, US GDP, Personal Income & Spending + More
Wednesday, August 21st 2024
Thursday, August 22nd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), August
🇯🇵 Japan Inflation Data, July
Monday, August 26th 2024
🇩🇪 Germany Ifo Business Climate, August
🇺🇸 US Durable Goods Orders Data, July
Tuesday, August 27th 2024
🇦🇺 Australia Monthly CPI Indicator, July
Wednesday, August 28th 2024
🇩🇪 Germany GfK Consumer Confidence, September
Thursday, August 29th 2024
🇩🇪 Germany Inflation Data (Preliminary), August
🇺🇸 US GDP Growth Data, Q2
Friday, August 30th 2024
🇯🇵 Japan Consumer Confidence Index, August
🇫🇷 France Inflation Data (Preliminary), August
🇪🇦 Euro Area Inflation Data Flash, August
🇮🇹 Italy Inflation Data (Preliminary), July
🇮🇳 India GDP Growth Data, Q2
🇨🇦 Canada Growth Data, Q2
🇺🇸 US Core PCE Price Index, July
🇺🇸 US Personal Income & Spending Data, July
🇨🇳 China NBS Manufacturing PMI, August
Like getting this newsletter? For unlimited access to more deals and economic updates, request a demo.
Thank you for reading. Have a great week ahead!
Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com
