📱 Samsung Acquires Oxford Semantic Technologies. 530M+ in VC Funding.
Impact Capital Markets #139 looks at major deals and M&A in impact industries and upcoming economic releases.
Helo 🐉
📈 Today's Global Economic Update: Japan's trade surplus in June increased to JPY 224.04 billion, driven by strong exports to the US and China. For the first half of the year, Japan posted a JPY 3.23 trillion trade deficit.
🧬 Deal of the Day: NGM Bio, a California-based biotechnology company, raised a $122M Series A to develop treatments for primary sclerosing cholangitis.
What's New?
📚 Education. EdTech, literacy solutions + more
🌍 Climate. Energy storage & carbon utilization
💻 Technology. Endpoint management & electronics
🩺 Health. Biotechnology, health diagnostics & engineering and manufacturing
📅 Economics. ECB interest rate, US GDP, balance of trade + more
📚 Education
💻 byteXL, an Indian EdTech platform, has raised a $5.9M Series A led by Kalaari Capital for expansion and product development.
💰 Auxilo Finserve, an Indian education-focused non-banking financial company, has secured $33M in Funding from LeapFrog to further support student community.
📚 Heggerty, an Illinois-based literacy solutions provider, acquired Literably, a California-based a reading assessment & intervention platform.
🌍 Climate
⚡ Peak Energy, a Colorado-based energy storage developer, raised a $55M Series A led by Xora Innovation to expand operations and its development efforts.
🌿 Again, a Danish carbon utilization company, raised a $43M Series A led by GV and HV Capital, to build additional production capacity.
💻 Technology
🖥️ Kanji, a California-based Apple endpoint management and security platform, raised $100M in Funding from General Catalyst to support investment in product innovation and engineering
📱 Samsung, a South Korean-based electronics company, acquired Oxford Semantic Technologies, a UK startup specializing in knowledge graph technology.
🩺 Health
🧬 NGM Bio, a California-based biotechnology company, raised a $122M Series A from The Column Group to develop treatments for primary sclerosing cholangitis.
🔬 CytoReason, an Israeli AI-driven health diagnostics company, raised $80M Series B to expand and improve its AI technology.
🏭 UFP Technologies, a Massachusetts-based engineering and manufacturing firm, acquired Marble Medical, a Florida-based surgical robot drapes and medical adhesives company.
📅 Economic Calendar
ECB Interest Rate, US GDP, Balance of Trade + More
Thursday, July 18th 2024
Friday, July 19th 2024
Wednesday, July 24th 2024
🇩🇪 Germany GfK Consumer Confidence
🇩🇪 Germany HCOB Manufacturing PMI (Flash)
🇨🇦 BoC Interest Rate Decision
Thursday, July 25th 2024
🇩🇪 Germany Ifo Business Climate
🇺🇸 US Durable Goods Orders Data
🇺🇸 US GDP Growth Data
Friday, July 26th 2024
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
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