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๐Ÿค– Quantum Capital To Acquire Cogentrix Energy For $3B. 1B+ VC Funding.

Daily Impact Deals #152 looks at major deals and M&A in impact industries, and upcoming economic releases.

Vanakkam ๐ŸŒด

๐Ÿ“ˆ Today's Global Economic Update: The Bank of Japan's key short-term interest rate was raised to 0.25% in July 2024 from 0-0.1%. The BoJ will cut monthly bond-buying to JPY 3 trillion by early 2026 and adjust its bond-purchasing operations in August, signaling a shift towards more conventional measures.

๐Ÿค– Deal of the Day: Groq, a California-based company that specializes in fast AI inference, raised a $640M Series D to scale their capacity.

What's New?
๐Ÿ“š Education. IXL Learning acquired Carson Dellosa + more
๐ŸŒ Climate. Quantum Capital acquires Cogentrix Energy + more
๐Ÿ›ฐ๏ธ Space & Defense. SpaceTech and reusable rockets
๐Ÿ’ป Technology. Artificial intelligence
๐Ÿ“… Economics. Balance of trade, employment data, inflation data + more

๐Ÿ“š Education


๐Ÿ‘จโ€๐Ÿ’ป IXL Learning, a California-based EdTech company, acquired Carson Dellosa, a North Carolina-based Learning platform.

๐Ÿ’ผ Instawork, a California-based on-demand staffing app, acquired Able Jobs, an Indian HR Tech company.

๐ŸŒ Climate

โšก Quantum Capital Group, a private equity firm is set to acquire U.S. independent power producer Cogentrix Energy for $3B, driven by rising power demand from technological innovations.

๐Ÿ”Œ Generac Power Solutions, a Wisconsin-based energy solutions company acquired Ageto Energy, a Colorado-based microgrid solutions provider.

๐Ÿ›ฐ๏ธ Space & Defense


๐Ÿš€ Deep Blue, a Chinese-based company developing reusable rockets, raised a $140M Series B, the funds will be used to commercialize reusable rockets.

๐Ÿ›ฐ๏ธ Muon Space, a California-based space-tech startup, raised a $56.7M Series B, the funds will be used to scale its operations.

๐Ÿ’ป Technology

๐Ÿค– Groq, a California-based company that specializes in fast AI inference, raised a $640M Series D to scale its capacity.

๐Ÿ“… Economic Calendar

Balance of Trade, Employment Data, Inflation Data + More

Tuesday, August 6th 2024

๐Ÿ‡ฆ๐Ÿ‡บ RBA Interest Rate Decision

Wednesday, August 7th 2024

๐Ÿ‡ฉ๐Ÿ‡ช Germany's Balance of Trade
๐Ÿ‡จ๐Ÿ‡ฆ Canada Ivey PMI, July
๐Ÿ‡ฆ๐Ÿ‡บ NAB Business Confidence Index, July
๐Ÿ‡จ๐Ÿ‡ณ China Balance of Trade, July

Thursday, August 8th 2024

๐Ÿ‡จ๐Ÿ‡ฆ Canada Balance of Trade, June
๐Ÿ‡จ๐Ÿ‡ณ China Inflation Data, July

Friday, August 9th 2024

๐Ÿ‡จ๐Ÿ‡ฆ Canada Employment Data, July

Monday, August 12th 2024

๐Ÿ‡ฆ๐Ÿ‡บ Australia Westpac Consumer Confidence Data, August

Tuesday, August 13th 2024

๐Ÿ‡ฌ๐Ÿ‡ง UK Unemployment Data, June
๐Ÿ‡ฉ๐Ÿ‡ช Germany ZEW Economic Sentiment Index, August
๐Ÿ‡บ๐Ÿ‡ธ US PPI MoM, July

Wednesday, August 14th 2024

๐Ÿ‡ฌ๐Ÿ‡ง UK Inflation Data, July
๐Ÿ‡บ๐Ÿ‡ธ US Inflation Data, July
๐Ÿ‡ฏ๐Ÿ‡ต Japan GDP Data (Preliminary), Q2
๐Ÿ‡จ๐Ÿ‡ณ China Industrial Production Data, July
๐Ÿ‡จ๐Ÿ‡ณ China Retail Sales Data, July

Thursday, August 15th 2024

๐Ÿ‡ฌ๐Ÿ‡ง UK GDP Data, June
๐Ÿ‡บ๐Ÿ‡ธ US Retail Sales Data, July

Friday, August 16th 2024

๐Ÿ‡ฌ๐Ÿ‡ง UK Retail Sales Data, July
๐Ÿ‡บ๐Ÿ‡ธ US Building Permits Prel, July
๐Ÿ‡บ๐Ÿ‡ธ US Michigan Consumer Sentiment Prel, August


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