🚢 HD Hydrogen Acquired Convion For $80.4M. $200M+ VC Funding.
Daily Impact Deals #168 looks at major deals and M&A in impact industries and upcoming economic releases.
Privet ❄️
📈 Today's Global Economic Update: Australia's Consumer Price Index (CPI) increased by 3.5% in the year to July 2024, slightly above market expectations and the lowest since March, driven by easing housing and transportation prices. Despite this, food inflation surged, and overall inflation remains above the Reserve Bank of Australia's target range of 2-3%.
🧬 Deal of the Day: Navigator Medicines, a biotechnology company, raised a $100M Series A to advance developments in their antibody treatments.
What's New?
📚 Education. Early childhood
🌍 Climate. Shipbuilder and agriculture
🩺 Health. Biotechnology
💻 Technology. Data warehouse
📅 Economics. Euro area inflation, balance of trade, GDP, employment data + more
📚 Education
👶 Kreedo, an Indian early childhood education startup, raised a $4M Series A from Heritas Capital to enhance its product offerings and expand into new geographies in India.
🌍 Climate
🚢 HD Hydrogen, a South Korean shipbuilder, acquired Convion, a Finnish fuel cell firm Convion for $80.4M.
🌱 Agrion Agrisolutions, a Brazilian agricultural innovator, raised $50M from the Global Fund for Coral Reefs to boost production and create eco-friendly organo-mineral fertilizers.
🩺 Health
🧬 Navigator Medicines, a New Jersey-based biotechnology company, raised a $100M Series A from RA Capital Management and Forbion to advance developments in their antibody treatments.
💻 Technology
🚀 Space and Time Labs, a US-based data warehouse company, has raised a $20M Series A to accelerate its work at the intersection of AI and blockchain technologies.
📅 Economic Calendar
Euro Area Inflation, Balance of Trade, GDP, Employment Data + More
Thursday, August 29th 2024
🇩🇪 Germany Inflation Data (Preliminary), August
🇺🇸 US GDP Growth Data, Q2
🇯🇵 Japan Consumer Confidence Index, August
Friday, August 30th 2024
🇫🇷 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
Tuesday, September 03rd 2024
🇺🇸 ISM Manufacturing PMI, August
🇦🇺 Australia GDP Growth Data, Q2
Wednesday, September 04th 2024
🇨🇦 Canada Balance of Trade Data, July
🇨🇦 Canada BoC Interest Rate Decision
🇺🇸 US JOLTs Job Openings, July
🇦🇺 Australia Balance of Trade Data, July
Thursday, September 05th 2024
🇺🇸 ISM Manufacturing PMI, August
Friday, September 06th 2024
🇩🇪 Germany Balance of Trade Data, July
🇨🇦 Canada Employment Data, August
🇺🇸 US Employment Data, August
🇨🇳 China Balance of Trade Data, August
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