💊 $40M For Drug Discovery. $100M+ VC Funding.
Daily Impact Deals #171 looks at major deals and M&A in impact industries and upcoming economic releases.
Kamusta 🏝️
📈 Today's Global Economic Update: India's economy grew by 6.7% in the 2nd quarter, slower than the previous year's 7.8% and below market expectations, primarily due to reduced government spending amid general elections.
💊 Deal of the Day: Noetik Inc., a drug discovery company, raised a $40M Series A to expand their clinical trials.
What's New?
🌍 Climate. Agriculture
🩺 Health. Drug discovery and biotherapeutics
📅 Economics. Euro area interest rate, US employment data, balance of trade + more
🌍 Climate
🌱 AGRIM, an Indian B2B platform for agricultural inputs, raised a $17.3M Series B from Asia Impact to strengthen its technology and expand operations.
🩺 Health
💊 Noetik Inc., a California-based drug discovery company, raised a $40M Series A from Polaris Partners to expand their clinical trials.
🧬 ThinkCyte, a Japanese Biotherapeutics company, raised a $32M Series C from Japan Green Investment Corp to drive the global expansion of VisionSort.
📅 Economic Calendar
Euro Area Interest Rate, US Employment Data, Balance of Trade + More
Tuesday, September 03rd 2024
🇺🇸 ISM Manufacturing PMI, August
🇦🇺 Australia GDP Growth Data, Q2
Wednesday, September 04th 2024
🇨🇦 Canada Balance of Trade Data, July
🇨🇦 Canada BoC Interest Rate Decision
🇺🇸 US JOLTs Job Openings, July
🇦🇺 Australia Balance of Trade Data, July
Thursday, September 05th 2024
🇺🇸 ISM Manufacturing PMI, August
Friday, September 06th 2024
🇩🇪 Germany Balance of Trade Data, July
🇨🇦 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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