๐Ÿ“– Publishers declined 20% & bounced back. $170M+ Funding Day.

Impact Capital Markets #17 explores at Publishing stocks, major impact deals and acquisitions, and upcoming economic releases.

In Top News Today, European Markets are upbeat after France narrowly avoided a recession and Spain exceeded GDP growth expectations. Shares rose ahead of the flash Eurozone 4Q GDP results set to be released today.

Today's Topics

  • ๐Ÿ“– Publishers. Publishing Recovers from ~20% Drop
  • ๐Ÿ’ฐ Funding. $170M+ Funding in Genetics, Respiratory, EV, Nuclear & More
  • ๐Ÿ’ผ Acquisitions. LearningTech & Veterinary
  • ๐Ÿ“… Economics. Major Interest Rate Decisions, Euro Area GDP & Inflation Releases + More

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๐Ÿ“– Publishing Recovers from ~20% Drop 

HolonIQ Publishers (HIQPUBL). 12-month indexed returns (returns on the index relative to the level on January 27, 2023) initially dropped significantly by almost 20% but saw a sharp recovery over the last three months. The index has almost made a full recovery, with Year-on-Year returns now at -1%.

Softening overall consumer demand conditions and the moderation of the pandemic driven demand boom impacted publisher bottom lines throughout the year, including those of Pearson (Market Cap: US$8.5B) and Scholastic (Market Cap: US$1.1B). More significantly, the competitive landscape has intensified due to open-source AI, prompting publishers to diversify their operations and enhance digital initiatives. Additionally, legal action has been initiated by some publishers against major tech giants like OpenAI, Microsoft, and Meta to safeguard their intellectual property, which could mitigate these challenges to some extent, although effective diversification strategies will be key to growing revenue.

๐Ÿ’ฐ Funding

๐Ÿงฌ Global Fertility Partners,  a leading network of fertility and reproductive genetics centers across the Middle East, raised $60M in Private equity from Dubai Investments to expand its network of fertility and womenโ€™s health centers across MENA.

๐Ÿ’Š Enterprise Therapeutics, a  UK-based drug developer for treating respiratory diseases, raised $33M Series B from Panakes Partners. The funds will aid a Phase IIa trial for a cystic fibrosis drug, aiming to improve hydration and relieve respiratory challenges from excess mucus in patients.

๐Ÿš— BluSmart Mobility, an Indian-based EV ride-hailing service and EV charging hub infrastructure operator raised $25M from Responsability investments to expand its EV charging infrastructure across India.

โš›๏ธ Transmutex SA, a Switzerland-based nuclear engineering company, raised $23M Series A from Union Square Ventures & Steel Atlas to further develop and commercialize its subcritical nuclear energy system.

๐Ÿ”„ Paques Biomaterials, a Netherlands-based circular Polymer Technology Company, raised $15.2M from Invest-NL and NOM. The funds will construct a Caleyda Extraction Facility in Emmen for extracting the biopolymer named Caleyda, valued for its 100% biodegradability and microplastic elimination.

๐ŸŒ CarbonPool, a Switzerland-based insurance company with a carbon credit balance sheet, raised $12M from Heartcore Capital & Vorwerk Ventures to support its mission of providing in-kind insurance for failure.

๐Ÿงซ Carcinotech, a UK-based 3D printed micro-tumor manufacturer, raised $5.3M Seed from Eos Advisory to expand operations and its R&D efforts.

๐Ÿ’ผ Acquisitions

๐Ÿ“š Quantum5, a Scottsdale, Arizona-based provider of a holistic learning ecosystem, acquired Trivie, a Texas-based company that uses AI for personalized workforce learning, community-building, and enhanced learning experiences.

๐Ÿพ Instinct Science, a Pennsylvania-based leading software provider for veterinary hospitals, acquired VetMedux, an Oklahoma-based developer of a practice management system for veterinarians.

๐Ÿ“… Economic Calendar

Major Interest Rate Decisions, Euro Area GDP & Inflation Releases + More

Tuesday January 30th 2024

๐Ÿ‡ช๐Ÿ‡ฆ Euro Area - GDP Data, Q4
๐Ÿ‡บ๐Ÿ‡ธ US - Employment Data, December

Wednesday January 31st 2024

๐Ÿ‡ฆ๐Ÿ‡บ Australia - Inflation Data, Q4
๐Ÿ‡จ๐Ÿ‡ณ Canada - NBS Manufacturing PMI, January
๐Ÿ‡ฏ๐Ÿ‡ต Japan - Consumer Confidence, January
๐Ÿ‡ซ๐Ÿ‡ท France - Inflation Data, January
๐Ÿ‡ฉ๐Ÿ‡ช Germany - GDP Data, Q4
๐Ÿ‡ฉ๐Ÿ‡ช Germany - Inflation Data, January

Thursday February 1st 2024

๐Ÿ‡บ๐Ÿ‡ธ US - Fed Interest Rate Decision
๐Ÿ‡บ๐Ÿ‡ธ US - Fed Press Conference
๐Ÿ‡จ๐Ÿ‡ณ Canada - Caixin Manufacturing PMI, January
๐Ÿ‡ช๐Ÿ‡ฆ Euro Area - Inflation Data, January
๐Ÿ‡ฎ๐Ÿ‡น Italy - Inflation Data, January
๐Ÿ‡ฌ๐Ÿ‡ง UK - BoE Interest Rate Decision
๐Ÿ‡บ๐Ÿ‡ธ US - ISM Manufacturing PMI, January

Friday February 2nd 2024

๐Ÿ‡บ๐Ÿ‡ธ US - Non Farm Payrolls, January
๐Ÿ‡บ๐Ÿ‡ธ US - Employment Data January

Monday February 5th 2024

๐Ÿ‡ฆ๐Ÿ‡บ Australia - Balance of Trade, December
๐Ÿ‡ฉ๐Ÿ‡ช Germany - Balance of Trade, December
๐Ÿ‡บ๐Ÿ‡ธ US - SM Services PMI, January

Tuesday February 6th 2024

๐Ÿ‡ฆ๐Ÿ‡บ Australia - RBA Interest Rate Decision
๐Ÿ‡จ๐Ÿ‡ฆ Canada - Ivey PMI s.a , January

Wednesday February 7th 2024

๐Ÿ‡จ๐Ÿ‡ฆ Canada - Balance of Trade , December

Thursday February 8th 2024

๐Ÿ‡จ๐Ÿ‡ณ China - Inflation Data, January

Friday February 9th 2024

๐Ÿ‡จ๐Ÿ‡ฆ Canada - Unemployment Data, January

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