🧑🏫 Physics Wallah Raised A $210M Series B. $590M+ VC Funding.
Daily Impact Deals #185 looks at major deals and M&A in impact industries and upcoming economic releases.
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📈 Today's Global Economic Update: US building permits increased by 4.9% to 1.475M in August 2024, the highest in five months. Approvals for multi-family units increased by 8.4%, while single-family authorizations increased by 2.8%. Permits increased across most regions, except for a slight decline in the West.
🧑🏫 Deal of the Day: Physics Wallah, an edtech company, has raised a $210M Series B to scale operations, with a focus on consolidating the education market
What's New?
📚 Education. Edtech and AI tools
🌍 Climate. Mobility, electric motors + more
💻 Technology. Cybersecurity
📅 Economics. Japan BoJ interest, US GDP data, retail sales + more
📚 Education
🧑🏫 Physics Wallah, an ed-tech company, has raised a $210M Series B led by Hornbill Capital to scale operations, with a focus on consolidating the education market.
🎓 Brisk Teaching, a California-based company that provides AI-powered tools for education, raised a $6.9M Seed from Owl Ventures and used these funds for their tools and on new products.
🌍 Climate
💨 Twelve, a carbon transformation company, raised a $200M Series A from TPG to scale its technology that converts captured carbon dioxide into valuable chemicals, fuels, and other products.
🚗 DeepDrive, a Munich-based electric motor startup, raised a $33.4M Series B from Leitmotif to scale and industrialize its drive production capacities.
🚕 Everest Fleet, an Indian shared mobility startup raised a $30M Series C from Uber, to expand operations.
💻 Technology
🔏 Patrowl, a French cybersecurity firm, raised a $12.2M Series A to expand across European markets and its R&D efforts.
📅 Economic Calendar
Japan BoJ Interest, US GDP Data, Retail Sales+ More
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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