π§ͺ $60M Chemical Software Funding. $160M+ VC Funding.
Daily Impact Deals #172 looks at major deals and M&A in impact industries and upcoming economic releases.
Bawo π
π Today's Global Economic Update: Canada's Q2 GDP growth of 2.1% exceeded expectations. However, declining per-capita GDP and subdued household consumption signal a likely rate cut from the Bank of Canada next week. Growth momentum has slowed, with flat performance in June and July.
π Deal of the Day: Knowde, a chemical software company, secured a $60M Series C, to expand operations and its business reach.
What's New?
π Climate. Nuclear power plants and underground equipment
π©Ί Health. Virtual ward
π» Technology. Chemical software
π
Economics. Euro area interest rate, US employment data, balance of trade + more
π Climate
βοΈ Last Energy, a Washington-based developer of micro-modular nuclear power plants, raised a $40M Series B from Gigafund to decarbonize heavy industry and data centers.
π¨ Normet, an electric hammering tech company, acquired Lekatech, a Finnish startup to revolutionize hammering with linear electric technology.
π©Ί Health
π₯ Doccla, a UK-based health-tech company operating a virtual ward platform, has secured a $38M Series B, to fund its international growth plans.
π» Technology
π§ͺ Knowde, a San Jose-based chemical software company, secured a $60M Series C, to expand operations and its business reach.
π Economic Calendar
Euro Area Interest Rate, US Employment Data, Balance of Trade + More
Tuesday, September 03rd 2024
πΊπΈ ISM Manufacturing PMI, August
π¦πΊ Australia GDP Growth Data, Q2
Wednesday, September 04th 2024
π¨π¦ Canada Balance of Trade Data, July
π¨π¦ Canada BoC Interest Rate Decision
πΊπΈ US JOLTs Job Openings, July
π¦πΊ Australia Balance of Trade Data, July
Thursday, September 05th 2024
πΊπΈ ISM Manufacturing PMI, August
Friday, September 06th 2024
π©πͺ Germany Balance of Trade Data, July
π¨π¦ Canada Employment Data, August
πΊπΈ US Employment Data, August
π¨π³ China Balance of Trade Data, August
Monday, September 09th 2024
π¦πΊ Australia Westpac Consumer Confidence Data, September
Tuesday, September 10th 2024
π¬π§ UK Employment Data, July
Wednesday, September 11th 2024
π¬π§ UK GDP Data, July
πΊπΈ US Core Inflation Data, August
πΊπΈ US Inflation Data, August
Thursday, September 12th 2024
πͺπ¦ Euro Area ECB Interest Rate Decision
πΊπΈ US PPI Data, August
Friday, September 13th 2024
πΊπΈ US Michigan Consumer Sentiment (Preliminary), September
π¨π³ China Retail Sales Data, August
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