☀️ Obton Acquired BCPG For $292M. 100M+ VC Funding.
Daily Impact Deals #153 looks at major deals and M&A in impact industries, and upcoming economic releases.
Salem 🏔️
📈 Today's Global Economic Update: The Caixin China General Manufacturing PMI dropped to 49.8 in July 2024 from 51.8 in June. This marks the first contraction in factory activity since last October due to reduced new orders and buying levels. The slowdown indicates weaker demand and rising competition.
🚗 Deal of the Day: 3V Infrastructure, a New York-based EV charging infrastructure company, raised $40M to expand operations and development efforts.
What's New?
🌍 Climate. Obton acquired BCPG and EV charging
🩺 Health. Pharma and HealthTech
📅 Economics. Balance of trade, employment data, inflation data + more
🌍 Climate
☀️ Obton, a Danish solar investment company acquired BCPG for $292M, a Japanese solar developer.
🚗 3V Infrastructure, a New York-based electric vehicle charging infrastructure company, raised $40M to expand operations and development efforts.
🩺 Health
💊 NeuroTherapia, an Illinois-based drug discovery platform, raised a $12.3M Series B from Cleveland Clinic to advance their clinical trials.
👨💻 Freshpaint, a California-based healthcare privacy platform company, raised a $30M Series B from Threshold to Advance its Healthcare Privacy Platform and Unlock Marketing Capabilities for the Healthcare Industry.
📅 Economic Calendar
Balance of Trade, Employment Data, Inflation Data + More
Wednesday, August 7th 2024
🇩🇪 Germany's Balance of Trade
🇨🇦 Canada Ivey PMI, July
🇦🇺 NAB Business Confidence Index, July
🇨🇳 China Balance of Trade, July
Thursday, August 8th 2024
🇨🇦 Canada Balance of Trade, June
🇨🇳 China Inflation Data, July
Friday, August 9th 2024
🇨🇦 Canada Employment Data, July
Monday, August 12th 2024
🇦🇺 Australia Westpac Consumer Confidence Data, August
Tuesday, August 13th 2024
🇬🇧 UK Unemployment Data, June
🇩🇪 Germany ZEW Economic Sentiment Index, August
🇺🇸 US PPI MoM, July
Wednesday, August 14th 2024
🇬🇧 UK Inflation Data, July
🇺🇸 US Inflation Data, July
🇯🇵 Japan GDP Data (Preliminary), Q2
🇨🇳 China Industrial Production Data, July
🇨🇳 China Retail Sales Data, July
Thursday, August 15th 2024
🇬🇧 UK GDP Data, June
🇺🇸 US Retail Sales Data, July
Friday, August 16th 2024
🇬🇧 UK Retail Sales Data, July
🇺🇸 US Building Permits Prel, July
🇺🇸 US Michigan Consumer Sentiment Prel, August
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