🌟 Enterprise Products Acquires Pinon Midstream for $950M. $540M+ VC Funding.

Kia ora 🥝

📈 Today's Global Economic Update: The HCOB Flash Germany Manufacturing PMI fell to 42.1 in August 2024, marking 26 consecutive months of decline and missing market expectations. New orders saw the steepest drop in nine months, but purchase prices nearly stabilized after prolonged declines.

🚁 Deal of the Day: Volant AeroTech raised a $100M Series A funding to advance its VE25 eVTOL vehicle.

What's New?
📚 Education. Ed-tech and language school
🌍 Climate. Energy and aircraft
💻 Technology. IT Infrastructure
🩺 Health. Medical tech and genomic health
📅 Economics. Euro area inflation, US GDP, personal income & spending+ more

📚 Education

🧑‍💼 Tekedia Capital, a Pennsylvania-based investment firm, acquired Quizac, an African ed-tech startup.

🎓 Atlas Language School Group, an Irish education company, acquired Imagine English Language Academy, an English language school.

🌍 Climate

🚁 Volant AeroTech, a developer of eVTOL aircraft, raised a $100M Series A funding to advance its VE25 eVTOL vehicle.

🌟 Enterprise Products, a Texas-based energy company, signed a definitive agreement to acquire Piñon Midstream for $950M, a Texas-based oil and gas company.

🩺 Health

💉 XII Medical, a California-based clinical-stage medical technology company, raised a $45M Series B from Intuitive Ventures to enhance product and clinical development.

🧬 Human Longevity, a California-based genomic health intelligence company, raised a $39.8M Series B from TVM Capital Healthcare to Expand its Precision 100+ Longevity Care Program.

💻 Technology

🌐 Grafana Labs, an IT infrastructure monitoring startup, raised $270M in funding at a $6B valuation.

📅 Economic Calendar

Euro Area Inflation, US GDP, Personal Income & Spending + More

Thursday, August 22nd 2024

🇯🇵 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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