🚁 eVertisky Acquires Volatus Infrastructure. $730M+ VC Funding.
Daily Impact Deals #181 looks at major deals and M&A in impact industries and upcoming economic releases.
Ciao 🍕
📈 Today's Global Economic Update: China’s industrial production increased 4.5% YoY in August 2024, below market expectations and down from 5.1% in July, marking the fourth consecutive month of slowdown due to extreme weather disruptions.
✈️ Deal of the Day: ZeroAvia, a startup working on hydrogen-electric propulsion systems for aviation, secured $150M Series C, with the final tranche coming from the Scottish National Investment Bank.
What's New?
🌍 Climate. Aviation, power plants & charging solutions
🩺 Health. Biotech, vision care & digital health
💻 Technology. Warehouse robots and spatial intelligence
📅 Economics. US fed interest rate, Japan inflation, retail sales + more
🌍 Climate
✈️ ZeroAvia, a startup working on hydrogen-electric propulsion systems for aviation, secured $150M Series C, with the final tranche coming from the Scottish National Investment Bank.
♻️ Reverion, a Munich-based company, has raised a $62M Series A funding round to build reversible, carbon-negative power plants.
🚁 eVertisky, a developer of ground and airspace infrastructure acquired Volatus Infrastructure & Energy Solutions, which markets flexible electric charging systems.
🌊 CSS Subsea, a Swiss subsea engineering solutions provider, has been acquired by Artina, expanding both companies' capabilities in the global energy services market.
🩺 Health
🧬 Abolis, a biotech startup raised $38.6M in a funding round from L’Oreal, the French cosmetics conglomerate to secure future-proofed ingredients for L'Oreal's products.
👁️ XP Health, a company providing affordable vision care for employees, has raised a $32M Series B to invest in R&D to continue expanding its product offering.
🩺 OURA, the company behind the Oura Ring, acquired Veri, a Finnish metabolic health company to expand its digital health offering.
💻 Technology
🌐 World Labs, a California-based spatial intelligence company, raised a $230M funding round.
🤖 Quicktron, a Chinese company that makes warehouse robots, has raised a $100M Series D to fund global expansion.
📅 Economic Calendar
US Fed Interest Rate, Japan Inflation, Retail Sales+ More
Tuesday, September 17th 2024
🇩🇪 Germany ZEW Economic Sentiment Index, September
🇨🇦 Canada Inflation Data, August
🇺🇸 US Retail Sales Data, August
🇯🇵 Japan Balance of Trade, August
Wednesday, September 18th 2024
🇬🇧 UK Inflation Data, August
🇺🇸 US Fed Interest Rate Decision
Thursday, September 19th 2024
🇬🇧 UK BoE Interest Rate Decision
🇯🇵 Japan Inflation Data, August
Friday, September 20th 2024
🇯🇵 Japan BoJ Interest Rate Decision
🇬🇧 UK Retail Sales Data, August
Monday, September 23rd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), September
Tuesday, September 24th 2024
🇩🇪 Germany Ifo Business Climate
🇦🇺 Australia Monthly CPI Indicator, August
Thursday, September 26th 2024
🇩🇪 Germany GfK Consumer Confidence
🇺🇸 US Durable Goods Orders Data
🇺🇸 US GDP Growth Data, Q2
Friday, September 27th 2024
🇫🇷 France Inflation Data (Preliminary), September
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
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