💊 Eli Lilly Acquired Morphic Holding. $350M+ VC Funding.
Daily Impact Deals #161 looks at major deals and M&A in impact industries and upcoming economic releases.
Salem 🏔️
📈 Today's Global Economic Update: U.S. building permits fell by 4% to 1.396 million in July 2024, the lowest in four years. Significant declines were seen in the Midwest, South, and West, while the Northeast reported an increase.
🏥 Deal of the Day: Caresyntax, an AI-based precision surgery technology company, raised a $180M Series C to make hospital operating rooms more efficient.
What's New?
📚 Education. Admission management
🌍 Climate. Carbon capture and solar
🩺 Health. Precision surgery, hair loss treatment & biopharma
📅 Economics. Euro area inflation, US GDP, personal income & spending+ more
🌍 Climate
🌿 Svante Technologies, a Vancouver-based company that provides carbon capture and removal solutions, received a $100M investment from The Canada Growth Fund.
☀️ NOVA Infrastructure has acquired UGE International, a company that develops and operates solar and battery storage projects.
🩺 Health
🏥 Caresyntax, an AI-based precision surgery technology company, raised a $180M Series C to make hospital operating rooms more efficient.
🧬 Pelage Pharmaceuticals, a regenerative medicine company, raised a $14M Series A-1 from GV to address hair loss treatment PP405.
💊 Eli Lilly and Company, an merican pharmaceutical company, acquired Morphic Holding, Inc., a biopharmaceutical company developing oral integrin therapies for inflammatory bowel disease.
📚 Education
🎓 CTPL, an Indian-based admission management company, raised a $4M Series A to expand its tech-driven solutions and global reach.
📅 Economic Calendar
Euro Area Inflation, US GDP, Personal Income & Spending + More
Monday, August 19th 2024
🇦🇺 Australia RBA Meeting Minutes
Tuesday, August 20th 2024
🇨🇦 Canada Inflation Data, July
🇯🇵 Japan Balance of Trade, July
Wednesday, August 21st 2024
Thursday, August 22nd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), August
🇯🇵 Japan Inflation Data, July
Monday, August 26th 2024
🇩🇪 Germany Ifo Business Climate, August
🇺🇸 US Durable Goods Orders Data, July
Tuesday, August 27th 2024
🇦🇺 Australia Monthly CPI Indicator, July
Wednesday, August 28th 2024
🇩🇪 Germany GfK Consumer Confidence, September
Thursday, August 29th 2024
🇩🇪 Germany Inflation Data (Preliminary), August
🇺🇸 US GDP Growth Data, Q2
Friday, August 30th 2024
🇯🇵 Japan Consumer Confidence Index, August
🇫🇷 France Inflation Data (Preliminary), August
🇪🇦 Euro Area Inflation Data Flash, August
🇮🇹 Italy Inflation Data (Preliminary), July
🇮🇳 India GDP Growth Data, Q2
🇨🇦 Canada Growth Data, Q2
🇺🇸 US Core PCE Price Index, July
🇺🇸 US Personal Income & Spending Data, July
🇨🇳 China NBS Manufacturing PMI, August
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