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# 💊 $1.3B Oedema Therapy Provider Acquisition. $415M VC Funding.
- URL: https://newsletters.qs.com/1-3b-acquisition-of-diabetic-macular-oedema-therapy-415m-vc-funding/
- Published: 2024-07-15T11:30:59.000Z
- Updated: 2024-07-15T11:30:58.000Z
- Description: Impact Capital Markets #136 looks at major deals and M&A in impact industries and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Sannu 🍁**](https://en.wikipedia.org/wiki/Hausa%5Flanguage?ref=newsletters.qs.com)

📈 **Today's Global Economic Update:** The Producer Price Index (PPI) for final demand in the US [increased 2.6% YoY in June](https://www.bls.gov/news.release/ppi.nr0.htm?ref=newsletters.qs.com), exceeding the market expectation of 2.3%. The annual core PPI increased by 3%, also surpassing expectations. 

💊 **Deal of the Day:** Merck & Co closed its [$1.3B acquisition](https://www.pharmaceutical-technology.com/news/msd-closes-1-3bn-eyebio-acquisition-plans-pivotal-trial-for-lead-asset/?ref=newsletters.qs.com) of EyeBio.

**What's New?** 
**📚 Education.** Virtual reality, assessment services, STEM  
🌍 **Climate.** Automotive semiconductors, climate tech, EV charging  
**💻 Technology.** Quantum technology, digital workflow management, processors   
**🩺 Health.** Biotech, bone metabolism  
📅 **Economics.** ECB interest rate, UK inflation, balance of trade + more

## 📚 Education

## 

🎮 **JigSpace**, a 3D virtual reality startup, has raised [$13M](https://www.startupdaily.net/topic/funding/3d-virtual-reality-startup-jigspace-pockets-another-13-million/?ref=newsletters.qs.com) in a funding round led by the state government.

📖 **Prometric**, a testing and assessment services provider, [acquired](https://educationinvestor.co.uk/deals/us-prometric-acquires-k12-products-firm-edpower/?ref=newsletters.qs.com) EdPower, a company offering cloud-based solutions for the K-12 education market.

🎓 **RW Thrive**, the holding company of Realityworks, which provides educational curriculum and tools for STEM learning, has [acquired](https://educationinvestor.co.uk/us-rw-thrive-acquires-birdbrain-technologies/?ref=newsletters.qs.com) BirdBrain Technologies.

## **🌍** Climate  

🚗 **SemiDrive**, a Chinese automotive semiconductor company, raised a [$138M Series B+](https://www.dealstreetasia.com/stories/semidrive-bags-funding-403839?ref=newsletters.qs.com) funding round backed by HongShan.

🌱 **44.01,** the Omani climate tech startup has raised a [$37M Series A](https://www.wamda.com/2024/07/oman-climatetech-4401-closes-37-million-series-a-round?ref=newsletters.qs.com) funding round led by Equinor Ventures and Shorooq Partners.

🔋 **Solus Power**, a UK company providing portable electric vehicle charging solutions, raised [$28M](https://www.finsmes.com/2024/07/solus-power-raises-22m-investment-from-petra-equity-partners.html?ref=newsletters.qs.com#google%5Fvignette) in funding from Petra Equity Partners.

## **💻** Technology  

🖥️ **Quantum Delta NL**, a company based in Delft, secured a [$297M](https://siliconcanals.com/quantum-delta-nl-secures-273m/?ref=newsletters.qs.com) investment from The National Growth Fund.

**👩‍💻 HERO Software**, a German startup founded in 2020 that provides a digital workflow management platform, raised a [$43M Series B](https://www.eu-startups.com/2024/07/hanover-based-hero-nabs-e40-million-series-b-to-become-the-operating-system-of-tradesmen-smes-across-europe/?ref=newsletters.qs.com) funding round.

🌐 **Innatera**, a company specializing in ultra-low power neuromorphic processors, raised a [$21M oversubscribed Series A](https://pulse2.com/innatera-ultra-low-power-neuromorphic-processor-company-raises-21-million/?ref=newsletters.qs.com) funding round led by Innavest and InvestNL.

## 🩺 Health

## 

💊 **Merck & Co.** closed its [$1.3B acquisition](https://www.pharmaceutical-technology.com/news/msd-closes-1-3bn-eyebio-acquisition-plans-pivotal-trial-for-lead-asset/?ref=newsletters.qs.com) of EyeBio and plans to initiate a Phase IIb/III trial for EyeBio's lead candidate, Restoret.

💉 **AstraZeneca** [acquired](https://businesscloud.co.uk/news/astrazeneca-in-billion-dollar-swoop/?ref=newsletters.qs.com) Amolyt Pharma for $1.05B to fortify its rare disease pipeline and bone metabolism capabilities.

**⚕️ AusperBio**, a clinical-stage biotech company operating in the US and China, raised [$37M in a Series A](https://www.finsmes.com/2024/07/ausperbio-raises-37m-in-series-a-financing.html?ref=newsletters.qs.com) financing round.

## **📅** Economic Calendar

ECB Interest Rate, UK Inflation, Balance of Trade + More

### Tuesday, July 16th 2024

🇩🇪 [ZEW Economic Sentiment Index, July](https://www.zew.de/?ref=newsletters.qs.com)  
🇨🇦 [Canada Inflation Data, June](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
🇺🇸 [US Retail Sales, June](https://www.census.gov/?ref=newsletters.qs.com)

### Wednesday, July 17th 2024

🇬🇧 [UK Inflation Data, June](https://www.ons.gov.uk/?ref=newsletters.qs.com)  
🇺🇸 [US Building Permits (Preliminary), June](https://www.census.gov/?ref=newsletters.qs.com)  
 🇯🇵 [Japan Balance of Trade, June](https://www.mof.go.jp/english/index.htm?ref=newsletters.qs.com)

### Thursday, July 18th 2024

🇬🇧 [UK Employment Data, May](https://www.ons.gov.uk/?ref=newsletters.qs.com)  
🇪🇦 [Euro Area Deposit Facility Data](https://www.ecb.europa.eu/home/html/index.en.html?ref=newsletters.qs.com)  
🇪🇦 [Euro Area ECB Interest Rate Decision](https://www.ecb.europa.eu/home/html/index.en.html?ref=newsletters.qs.com)  
🇯🇵 [Japan Inflation Data, June](https://www.stat.go.jp/?ref=newsletters.qs.com)

### Friday, July 19th 2024

🇬🇧 [UK Retail Sales, June](https://www.ons.gov.uk/?ref=newsletters.qs.com)

### Wednesday, July 24th 2024

[🇩🇪 Germany GfK Consumer Confidence](https://www.gfk.com/de/home?ref=newsletters.qs.com)  
[🇩🇪 Germany HCOB Manufacturing PMI (Flash](https://www.pmi.spglobal.com/public?ref=newsletters.qs.com))  
[🇨🇦 Canada BoC Interest Rate Decision](https://www.bankofcanada.ca/?ref=newsletters.qs.com)  
[🇨🇦 Canada BoC Monetary Policy Report](https://www.bankofcanada.ca/?ref=newsletters.qs.com)  

### Thursday, July 25th 2024

[🇩🇪 Germany Ifo Business Climate](https://www.ifo.de/?ref=newsletters.qs.com)  
[🇺🇸 US Durable Goods Orders Data](https://www.census.gov/?ref=newsletters.qs.com)  
[🇺🇸 US GDP Growth Data](http://www.bea.gov/?ref=newsletters.qs.com)

### Friday, July 26th 2024

[🇺🇸 US Core PCE Price Index](https://www.bea.gov/?ref=newsletters.qs.com)  
[🇺🇸 US Personal Income & Spending Data](https://www.bea.gov/?ref=newsletters.qs.com)

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