🧬 $400M Biopharma Launch. $885M+ VC Funding.
Daily Impact Deals #193 looks at major deals and M&A in impact industries and upcoming economic releases.
Marhaba 🐪
📈 Today's Global Economic Update: In September 2024, Japan's consumer confidence index increased to 36.9 points, up from August's 36.7, but still below the expected 37.1. This marked the highest morale since April, driven by improved sentiment regarding income growth and employment, although overall livelihood sentiment weakened.
🧬 Deal of the Day: Kailera Therapeutics, a clinical-stage biopharmaceutical company, launched with $400M Series A funding to expand operations and its development efforts.
What's New?
📚 Education. Literacy development
🌍 Climate. Natural gas process technology & clean nuclear technology
🩺 Health. Biopharma & men's healthcare
🛰️ Space & Defense. Space transportation
📅 Economics. US inflation, UK GDP, balance of trade data + more
📚 Education
✒️ Keys to Literacy, a Massachusetts-based provider of literacy professional development, acquired Cubed, a Spanish educational app for kids.
🌍 Climate
🏭 Honeywell, a North Carolina-based technology and manufacturing company acquired Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81B.
♻️ Newcleo, a clean nuclear technology company, raised a $151M Series A. The funding, including from Inarcassa, will support a plant for reprocessed nuclear waste and a prototype reactor in France, due by 2030 and 2031.
🩺 Health
🧬 Kailera Therapeutics, a Massachusetts-based clinical-stage biopharmaceutical company, launched with $400M Series A funding to expand operations and its development efforts.
🚹 Manual, a UK-based men's healthcare startup, raised a $38.6M Series A from Cherry Ventures and Felix Capital to accelerate expansion in Brazil and other underserved markets while bolstering its technology to optimize patient outcomes.
🛰️ Space & Defense
🚀 Impulse Space, a California-based company developing in-space transportation services, raised a $150M Series B to grow its team further and to support the ongoing production of both the Helios and Mira vehicles.
📅 Economic Calendar
US Inflation, UK GDP, Balance of Trade Data + More
Wednesday, October 02nd 2024
🇦🇺 Australia Balance of Trade Data, August
Friday, October 04th 2024
🇺🇸 US Employment Data, September
Monday, October 07th 2024
🇦🇺 Australia RBA Meeting Minutes
Tuesday, October 08th 2024
🇨🇦 Canada Balance of Trade Data, August
🇦🇺 Australia Westpac Consumer Confidence Data, October
Wednesday, October 09th 2024
🇩🇪 Germany Balance of Trade Data, August
Thursday, October 10th 2024
🇺🇸 US Core Inflation Data, September
🇺🇸 US Inflation Data, September
Friday, October 11th 2024
🇬🇧 UK GDP Data, August
🇨🇦 Canada Employment Data, September
🇺🇸 US PPI Data, September
🇺🇸 US Michigan Consumer Sentiment Prel, October
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