🦾 $300M Robotics Funding. $640M+ VC Funding.
Impact Capital Markets #133 looks at major impact deals, M&A, and upcoming economic releases.
Sannu 🍁
📈 Today's Global Economic Update: In June 2024, China's consumer price index increased by 0.2% YoY and fell by 0.2% MoM. Food prices dropped significantly, while non-food and service prices saw moderate increases.
🦾 Deal of the Day: Skild AI, a Pennsylvania-based robotics software company, raised a $300M Series A to develop a scalable AI foundation model for robotics.
What's New?
💰 Funding. Robotics software, game studios, fintech + more
💼 M&A. Industrial engineering and life sciences
📅 Economics. US inflation, UK GDP, balance of trade + more
💰 Funding
🦾 Skild AI, a Pennsylvania-based robotics software company, raised a $300M Series A from Lightspeed Venture Partners and Coatue to develop a scalable AI foundation model for robotics.
🎮 Volley, a California-based game studio, raised a $55M Series C from M12 Ventures and Lightspeed Venture Partners to expand operations and development efforts.
📲 NALA, a Tanzanian fintech platform, raised a $40M Series A from Acrew Capital to expand global services and develop its platform technology.
🤖 Canoe Intelligence, a New York-based investment intelligence provider, raised a $36M Series C from Goldman Sachs to develop advanced AI and machine learning for its front-to-back office operations.
☁️ Onehouse, a Californian-based data lakehouse company, raised a $35M Series B from Craft Ventures to launch new products aimed at reducing costs and enhancing performance.
💳 Adonis, a New York-based health fintech platform, raised a $31M Series B from Point72 Private Investments to accelerate product innovation and expand their team.
🔬 NOWDiagnostics, an Arkansas-based digital diagnostics company, raised a $22.5M Series B from DigitalDx to commercialize at-home diagnostic tests, develop new diagnostics, expand the test pipeline, and support strategic hiring.
💻 Volumez, a Massachusetts-based cloud volume orchestrator, raised a $20M Series A to support the growth and development of its data technology solutions.
💼 M&A
🏭 Accenture, an Irish professional services company, acquired True North Solutions, a Canadian provider of industrial engineering solutions.
🔬 Illumina, a California-based DNA sequencing technologies company, acquired Fluent Biosciences, a Massachusetts-based life science company.
📅 Economic Calendar
US Inflation, UK GDP, Balance of Trade + More
Thursday, July 11th 2024
🇬🇧 UK GDP Data, May
🇺🇸 US Core Inflation Data, June
🇺🇸 US Inflation Data, June
Friday, July 12th 2024
🇺🇸 US PPI Data, June
🇺🇸 US Michigan Consumer Sentiment (Preliminary), July
🇨🇳 China Balance of Trade, June
Tuesday, July 16th 2024
🇩🇪 Germany ZEW Economic Sentiment Index, July
🇨🇦 Canada Inflation Data, June
🇺🇸 US Retail Sales, June
Wednesday, July 17th 2024
🇬🇧 UK Inflation Data, June
🇺🇸 US Building Permits (Preliminary), June
🇯🇵 Japan Balance of Trade, June
Thursday, July 18th 2024
🇬🇧 UK Employment Data, May
🇪🇦 Euro Area Deposit Facility Data
🇪🇦 Euro Area ECB Interest Rate Decision
🇯🇵 Japan Inflation Data, June
Friday, July 19th 2024
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