💰Global Impact Deals #8
Happy Monday 👋
This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From cell therapy technologies to space exploration, discover the key transactions and trends making waves in Education, Climate, Health, Space and Defense, and Technology.
💊 Deal of the Week: AbbVie, an Illinois-based pharmaceutical company, acquired Aliada Therapeutics for $1.4B, a Massachusetts-based biotech company.
What's New?
📚 Education. Language learning, tutoring, and EdTech
🌍 Climate. Aerospace technology and solar energy
🏥 Health. Pharmaceutical, biotech, and therapies
🪐 Space and Defense. Defense aircraft and space exploration
💻 Technology. Tech, hyperscale, and AI voice technology
📚 Education
🗣️ Speak, a California-based AI-powered language learning platform, raised a $78M Series C from Accel to expand its technology and reach global markets.
🤖 Algooru, a Saudi Arabian AI tutoring platform, raised a $4M Series A from Constructor Capital to accelerate its growth and scale its operations.
📖 Eupheus Learning, an Indian B2B EdTech platform for school supplies and solutions, raised $3M to strengthen its product offerings and expand its reach amid the broader slowdown in EdTech funding.
🌱 Climate
🌌 Fleet Space Technologies, an Australian aerospace technology company raised a $100M Series D from Teachers’ Venture Growth to enhance its satellite-based mineral exploration.
🔋 GCL Perovskite, a Chinese solar energy company raised a $69M Series C1 from Goldstone Investment, advancing its solar technology innovation.
🌞 SolarSquare, an Indian solar energy company raised a $40M Series B from Lightspeed to expand operations and enhance its energy tech innovations.
🏥 Health
💊 AbbVie, an Illinois-based pharmaceutical company, acquired Aliada Therapeutics for $1.4B, a Massachusetts-based biotech company.
🧬 Metsera, a Massachusetts-based biotech company, specializing in cell therapy technologies, raised a $215M Series B from Wellington Management and Venrock to advance its clinical trials and expand its product development pipeline.
🧠 Noema Pharma, a Swiss company that develops treatments for central nervous system disorders, raised a $147M Series B from EQT Life Sciences to advance its drug pipeline.
🪐 Space and Defense
✈️ Archer, an aerospace company, has partnered with Anduril and raised $430M to build defense aircraft.
🛰️ Fleet Space Technologies, an Australian space exploration company raised a $100M Series D to expand the capabilities of Fleet Space's global end-to-end exploration platform called Exosphere.
💻 Technology
🧑💻 Ayar Labs, a California-based tech company, raised a $155M Series D, The company intends to use the funds to scale its optical I/O technology.
🤖 Nscale, a London, UK-based AI hyperscaler, raised $155M Series A, The company intends to use the funds to accelerate expansion across Europe and North America.
🌐 WaveForms AI, a California-based tech company, raised $40M in funding to scale their AI voice technology.
Thank you for reading. Have a great week ahead!
Have some feedback or suggestions? Let us know at hello@holoniq.com
