♻️ LyondellBasell Acquires German Recycler. $150M+ VC Funding.
Daily Impact Deals #173 looks at major deals and M&A in impact industries and upcoming economic releases.
Hej 🌲
📈 Today's Global Economic Update: The Australian economy grew by 0.2% in Q2 2024, missing market forecasts and marking the slowest pace in five quarters, mainly due to a rise in government spending and a decline in household spending.
💉 Deal of the Day: Circle Pharma, a biopharmaceutical company, raised a $90M Series D to fund their clinical development.
What's New?
📚 Education. Edtech
🌍 Climate. Cellular agriculture and recycling technology
🩺 Health. Biopharma
💻 Technology. Cost optimization
📅 Economics. Euro area interest rate, US employment data, balance of trade + more
📚 Education
🎓 Invest4Edu, an Indian EdTech platform, raised a $3M Seed to ramp up growth and deepen the firm’s impact in the early education planning and financial support domains.
🌍 Climate
🌱 GALY, a cellular agriculture company, raised a $33M Series B from Breakthrough Energy Ventures to advance its platform for producing materials using cellular agriculture technology.
♻️ LyondellBasell, a chemical company, has acquired APK, a German recycling specialist, to leverage its solvent-based recycling technology for low-density polyethylene (LDPE) and enhance its recycling capabilities.
🩺 Health
💉 Circle Pharma, a San Francisco-based biopharmaceutical company, raised a $90M Series D from The Column Group to fund their clinical development.
💻 Technology
🧮 nOps, a US-based AWS cost optimization platform, raised a $30M Series A, and the funds will be used to expand.
📅 Economic Calendar
Euro Area Interest Rate, US Employment Data, Balance of Trade + More
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
Monday, September 09th 2024
🇦🇺 Australia Westpac Consumer Confidence Data, September
Tuesday, September 10th 2024
Wednesday, September 11th 2024
🇬🇧 UK GDP Data, July
🇺🇸 US Core Inflation Data, August
🇺🇸 US Inflation Data, August
Thursday, September 12th 2024
🇪🇦 Euro Area ECB Interest Rate Decision
🇺🇸 US PPI Data, August
Friday, September 13th 2024
🇺🇸 US Michigan Consumer Sentiment (Preliminary), September
🇨🇳 China Retail Sales Data, August
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