🎓 Adda247 Acquired PrepInsta. $55M+ VC Funding.
Daily Impact Deals #191 looks at major deals and M&A in impact industries and upcoming economic releases.
Halo 🌴
📈 Today's Global Economic Update: Italy's annual inflation rate dropped to 0.7% in September 2024, the lowest increase in consumer prices since the start of the year. Key drivers include lower energy prices and a slowdown in core inflation, supporting expectations of ECB rate cuts.
🧑⚕️ Deal of the Day: Mevo, a digital prescription platform raised a $19M Series B to expand its network of healthcare provider partners.
What's New?
📚 Education. Ed-tech & job preparation
🌍 Climate. Battery technology & internet of things
🩺 Health. Digital Prescription
💻 Technology. Social app
📅 Economics. US inflation, UK GDP, balance of trade data + more
📚 Education
🏫 Youni, a Romanian ed-tech startup raised a $1M Seed for AI-driven university admissions.
🎓 Adda247, an education company acquired PrepInsta, a job preparation platform, to provide job-focused education and training programs for private and public sector jobs.
🌍 Climate
🔋 Anaphite, a UK-based company specializing in battery electrode production technology, raised a $13.7M Series A from the World Fund and Maniv to scale up and expand operations.
📊 Kaynes Technology, an Indian company, acquired Iskraemeco India, a supplier and operator of smart meters, for $5.1M.
🩺 Health
🧑⚕️ Mevo, a Brazilian digital prescription platform raised a $19M Series B led by Matrix Partners and Jefferson River Capital to expand its network of healthcare provider partners.
💻 Technology
📱 Pie, a NYC-based social app, raised a $11.5M Series A to expand its capabilities and continue its mission of fostering in-person connections.
📅 Economic Calendar
US Inflation, UK GDP, Balance of Trade Data + More
Monday, September 30th 2024
🇨🇳 China NBS Manufacturing PMI, September
🇨🇳 China Caixin Manufacturing PMI, September
🇮🇹 Italy Inflation Data (Preliminary), September
🇩🇪 Germany Inflation Data (Preliminary), September
Tuesday, October 01st 2024
🇯🇵 Japan Consumer Confidence Index, September
🇪🇺 Euro Area Inflation Data (Flash), September
🇺🇸 ISM Manufacturing PMI, September
🇺🇸 US JOLTs Job Openings, September
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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