🌙 Crescent Energy Completed Acquisition of Silver Bow for 2.1B. 360M+ VC Funding.
Daily Impact Deals #149 looks at major deals and M&A in impact industries, and upcoming economic releases.
Aloha 🌺
📈 Today's Global Economic Update: France's GDP grew by 1.1% in Q2 2024, below the historical average of 3.0%. This current growth rate indicates a steady recovery but still falls short of historical averages, suggesting that economic challenges remain.
👨⚕️ Deal of the Day: Spring Health, a New York-based mental health solution for employers and health plans, raised a $100M Series E to expand operations and its business reach.
What's New?
🌍 Climate. Fusion, energy + more
🩺 Health. BioTech, mental health
📅 Economics. RBA interest rate, US Fed interest, inflation data + more
🌍 Climate
☢️ Type One Energy, a fusion power company, raised $82.4M in Seed funding to commercialize its technology.
🔌 TS Conductor, a manufacturer of efficient power line conductors, raised $60M in Series B funding to build a second factory.
🚜 Applied Carbon, an AgTech company, raised $21.5M to deploy biochar production machines converting agricultural waste into biochar for soil health and carbon capture.
⚡ Crescent Energy, an energy company, acquired SilverBow Resources for $2.1B, becoming the second-largest operator in the Eagle Ford shale region.
💨 J-Power, a Japanese utility giant acquired Australian renewable energy and storage developer Genex Power for $381M.
🩺 Health
🥼 Airna, a Massachusetts-based biotechnology company, raised a $60M Series A from Forbion Capital Partners to advance product candidate for the treatment of alpha-1 antitrypsin deficiency (AATD) into clinical trials.
👨⚕️ Spring Health, a New York-based mental health solution for employers and health plans, raised a $100M Series E from Generation Investment Management to expand operations and its business reach.
📅 Economic Calendar
RBA Interest Rate, US Fed Interest, Inflation Data + More
Thursday, August 1st 2024
🇬🇧 BoE Interest Rate Decision
🇺🇸 ISM Manufacturing PMI, July
Friday, August 2nd 2024
Monday, August 5th 2024
Tuesday, August 6th 2024
Wednesday, August 7th 2024
🇩🇪 Germany's Balance of Trade
🇨🇦 Canada Ivey PMI, July
🇦🇺 NAB Business Confidence Index, July
🇨🇳 China Balance of Trade, July
Thursday, August 8th 2024
🇨🇦 Canada Balance of Trade, June
🇨🇳 China Inflation Data, July
Friday, August 9th 2024
🇨🇦 Canada Employment Data, July
Like getting this newsletter? For unlimited access to more deals and economic updates, request a demo.
Thank you for reading. Have a great week ahead!
Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com
