🌏 Global 100 Index Up 29%. $360M+ VC Funding.

Impact Capital Markets #61 looks at our Global 100 stock index, major impact deals, M&A, and upcoming economic releases.

Përshëndetje 🍷

πŸ“‰ Today's Global Economic Update: France's annual inflation rate for March 2024 slowed to 2.3%, the lowest rate since September 2021, driven by slower growth in food, services, and energy.

πŸ€– Deal of the Day: Brandtech Group, a NYC-based marketing company using generative AI, raised a $115M Series C to expand its operations.

What's New?

🌏 Global 100. Global 100 index up 29%
πŸ’° Funding. Generative AI, biopharma & more
πŸ’Ό M&A. SaaS solutions, risk management & lung cancer treatment
πŸ“… Economics. Inflation, balance of trade, US employment data + more

🌏 Global 100 Index Up 29%

The HolonIQ Global 100 Index, tracking the top 100 stocks globally by market capitalization, has observed a significant 29% rise over the last year. Major stocks in the index have recorded notable YoY growth, including Microsoft Corp. ($3.1T MCap) with 46%, NVIDIA Corp. ($2.2T MCap) with 223%, and Alphabet, Inc. ($1.9T MCap) with 44% growth. 

Over the past year, the substantial expansion of artificial intelligence and the increased demand for AI chips have positively impacted the semiconductor and technology sectors. The HolonIQ Artificial Intelligence index has seen 62% YoY growth, with the HolonIQ Semiconductors Index growing 56% in the same period. The ascent of NVIDIA serves as a notable illustration of this, with the stock’s market capitalization soaring from $600 billion to $2.2 trillion within the year. The rising trend in weight loss drugs has also been a driving factor behind the growth of health companies within the index. 

πŸ’° Funding

πŸ€– Brandtech Group, a NYC-based marketing company using generative AI, raised a $115M Series C to expand its operations.

πŸ’Š Aeovian Pharmaceuticals, a California-based clinical-stage biopharma company, raised $50M from Hevolution to support clinical trials of its therapeutics.

πŸ’» Robovision, a Belgian computer vision platform enabling clients to build, train & run AI models, raised a $42M Series A from Target Global, Astanor Ventures, and Red River West to invest in R&D and expand its business reach.

πŸ‘Ά Instride Health, a Massachusetts-based company specializing in pediatric anxiety and OCD treatments, raised a $30M Series B from General Catalyst to expand into new markets.

πŸ›‘οΈ Zafran, a NYC-based company specializing in risk management and mitigation, raised $30M from Sequoia Capital and Cyberstarts to expand its business reach.

πŸ•΅οΈβ€β™‚οΈ Skyflow, a California-based company providing data privacy solutions for businesses, raised a $30 Series B from Khosla Ventures to expand operations.

🀝 Confetti, a NYC-based company offering a platform for corporate team-building activities, raised a $16M Series A from EntrΓ©e Capital and IN Ventures to scale operations and development initiatives.

☁️ Hive, a Swiss-based cloud storage platform, raised a $12.9M Series A from SC Ventures to expand its team.

πŸ’° Keeyns, a Dutch software startup developing a tax planning platform, raised $10.8M from Alea Capital Partners and Mountainview Capital Partners to widen its business reach in the Netherlands, USA and Europe.

🏠 Float Health, a California-based healthcare marketplace focused on delivering in-home care for chronic illnesses, raised a $10M Series A from Canvas Ventures to scale operations.

πŸ•ΈοΈ StealthMole, a Singaporean AI-powered dark web intelligence startup specializing in monitoring cyber threats and detecting cybercrime, raised a $7M Series A from Korea Investment Partners to develop its technology.

πŸ” Metaview, a UK-based AI-powered note-taking app for recruiters, raised a $6.9M Series A from Plural VC to develop its AI platform.

πŸ’Ό M&A

πŸ’» MoveXM, a German AI-driven software platform designed to help businesses enhance customer satisfaction, acquired two Dutch SaaS companies Feeddex BV and 5-Star Specialist BV.

πŸ“Š Sphera, an Illinois-based provider of risk management software, data, and consulting, acquired Supplyshift, a California-based sustainability platform.

🫁 Maveris Medical, a California-based platform dedicated to lung cancer treatment, acquired Cirrus Bio, an Arizona-based medical diagnostics company.

πŸ“… Economic Calendar

Inflation, Balance of Trade, US Employment Data + More

Monday, April 1st 2024

πŸ‡―πŸ‡΅ Japan Tankan Large Manufacturers Index, Q1
πŸ‡¨πŸ‡³ China Caixin Manufacturing PMI, March
πŸ‡ΊπŸ‡Έ US ISM Manufacturing PMI, March

Tuesday, April 2nd 2024

πŸ‡¦πŸ‡Ί Australia RBA Meeting Minutes
πŸ‡©πŸ‡ͺ Germany Inflation Data (Preliminary), March
πŸ‡ΊπŸ‡Έ US JOLTs Job Openings, February

Wednesday, April 3rd 2024

πŸ‡ͺπŸ‡¦ Euro Area Inflation Data, March
πŸ‡ΊπŸ‡Έ US ISM Services PMI, March

Friday, April 5th 2024

πŸ‡¦πŸ‡Ί Australia Balance of Trade Data, February
πŸ‡¨πŸ‡¦ Canada Balance of Trade Data, February
πŸ‡¨πŸ‡¦ Canada Employment Data, March
πŸ‡ΊπŸ‡Έ US Employment Data, March
πŸ‡¨πŸ‡¦ Canada Ivey PMI, March

Monday, April 08th 2024

πŸ‡©πŸ‡ͺ Germany Balance of Trade Data, February

Tuesday, April 09th 2024

πŸ‡¦πŸ‡Ί Australia Westpac Consumer Sentiment Index, April
πŸ‡¦πŸ‡Ί Australia NAB Business Confidence Index, March

Wednesday, April 10th 2024

πŸ‡―πŸ‡΅ Japan Consumer Confidence Index, March
πŸ‡ΊπŸ‡Έ US Core Inflation Data, March
πŸ‡ΊπŸ‡Έ US Inflation Data, March
πŸ‡¨πŸ‡¦ Canada BoC Interest Rate Decision

Thursday, April 11th 2024

πŸ‡¨πŸ‡³ China Inflation Data, March
πŸ‡ͺπŸ‡¦ Euro Area Deposit Facility Data
πŸ‡ͺπŸ‡¦ Euro Area ECB Interest Rate Decision
πŸ‡ΊπŸ‡Έ US Producer Price Index, March

Friday, April 12th 2024

πŸ‡¬πŸ‡§ UK GDP Data, February
πŸ‡ΊπŸ‡Έ US Michigan Consumer Sentiment Index (Preliminary), April


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