🧪 Kirin Acquires A Health Science Company. $175M+ Funding.
Daily Impact Deals #182 looks at major deals and M&A in impact industries and upcoming economic releases.
📈 Today's Global Economic Update: The ZEW Indicator of Economic Sentiment for Germany fell sharply to 3.6 points in September 2024, its lowest since October 2023, down from 19.2 points in August and below the 17 forecast.
💊 Deal of the Day: PhoreMost, a biopharmaceutical company, raised a $50M Series B funding to progress its drug target pipeline.
What's New?
📚 Education. Richardson acquires Challenger
🌍 Climate. Lab-grown cotton & sustainable food technology
🩺 Health. Biopharma, health tech, biotech & health science
💻 Technology. Cybersecurity & AI
📅 Economics. US fed interest rate, Japan inflation, retail sales + more
📚 Education
📊 Richardson Sales Performance, a leading sales training provider, acquired Challenger, another industry leader, to redefine the future of sales training solutions.
🌍 Climate
🌱 Galy Co., a startup producing lab-grown cotton, raised a $33M Series B financing led by Breakthrough Energy Ventures.
🍽️ Novameat, a sustainable food technology company, secured a $19.3M Series A funding round led by Sofinnova Partners and Forbion.
🩺 Health
💊 PhoreMost, a UK biopharmaceutical company, raised a $50M Series B funding led by Parkwalk Advisors and existing investors to progress its drug target pipeline.
💉 Kismet, a health-tech startup has raised an additional $20M Seed round, bringing the total to $32.5M to expand the company.
🧬 Vironexis Biotherapeutics, a San Diego-based biotech company, raised a $26M Seed funding to develop its TransJoin AAV gene therapy platform for cancer immunotherapies.
🧪 Kirin, a major Japanese beverage company, has acquired FANCL, a health science company, in a deal that aims to make Kirin one of the largest health science companies in the Asia-Pacific region.
💻 Technology
🌐 EasyDMARC, a Delaware-based cybersecurity company, raised a $20M Series A to support its global expansion plans.
🤖 Supermaven, a New York City-based AI startup, raised a $12M Series A to use the funds to develop a new product.
📅 Economic Calendar
US Fed Interest Rate, Japan Inflation, Retail Sales+ More
Tuesday, September 17th 2024
🇨🇦 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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