💰 Global Impact Deals #3

Happy Monday 👋

This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From electric aerospace innovations to AI-driven learning tools, discover the key transactions and trends making waves in Education, Climate, Health, and Technology.

✈️ Deal of the Week: BETA Technologies, an electric aerospace company, raised a $318M Series C to support continued production, certification, and commercialization of its electric-powered aircraft.

What's New?
📚 Education. Edtech, conversational AI tutor & career services
🌍 Climate. Aerospace, autonomous driving & chemicals
🏥 Health. Biopharma & health tech
🪐 Space and Defense. Space tech, drone tech & security
💻 Technology. Marketing technology & robot artificial intelligence

📚 Education

📖 Crimson Education, a New Zealand education startup, raised a $47M Series D from Movac to expand its offerings.

👶 Buddy.ai, a Montenegro-based conversational AI tutor for kids, raised a $11.1M seed from BITKRAFT Ventures to enhance AI tech, boost interactive features, and expand school partnerships for AI-driven learning.

🎓 Springshare, a leading EdTech vendor, acquired CareerShift, a software platform that helps students with job search, career, and company research.

🌱 Climate

🧪 Nippon Paint, a Japanese company, has acquired AOC, a specialty chemicals company, for $2.3B to expand its product portfolio in the specialty chemicals sector.

✈️ BETA Technologies, an electric aerospace company, raised a $318M Series C from QIA to support continued production, certification, and commercialization of its electric-powered aircraft.

🚗 DeepRoute.ai, a Chinese autonomous driving technology developer, raised $100M in funding from an unnamed automaker.

🏥 Health

🧬 Neurogene, a biopharmaceutical company, has secured $200M in funding ahead of the anticipated readout of a study.

🔬 Evommune, a health technology company, raised a $115M Series C to advance clinical trials for its oral and injectable medications.

💉 Elektrofi, Inc., a biopharmaceutical delivery technology company, raised a $112.25M Series C to support the establishment of Ph3 and commercial-scale GMP manufacturing lines.

🪐 Space and Defense

🛰️ GalaxEye, a space tech startup, raised a $10M Series A from MountTech and Infosys to accelerate the development of its cutting-edge satellite technology.

🚁 Marut Drones, a Hyderabad-based drone technology company, raised a $6.2M Series A from Lok Capital to increase its manufacturing capacity to 3,000 drones per year.

🔒 Global K9 Protection Group, a security company, acquired Dog Detectives, a canine screening provider, marking its entry into the European market and paving the way for further international expansion.

💻 Technology

🌐 Siemens, a German multinational technology, acquired Altair Engineering, a leading industrial simulation and analysis software provider, for $10B. 

💼 Insider, a Turkish marketing technology company, raised a $500M Series E from General Atlantic to develop its next-generation marketing software offering

🤖 Crusoe Energy, an AI startup, raised $500M in funding, valuing the company at $3B, to accelerate its AI infrastructure.

Thank you for reading. Have a great week ahead!
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