> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # 🌿 $233M Clean Tech Funding. Airports Recover 17% Loss. - URL: https://newsletters.qs.com/233m-clean-tech-funding-airports-recover-17-loss/ - Published: 2024-03-06T12:25:51.000Z - Updated: 2024-03-06T12:25:50.000Z - Description: Impact Capital Markets #43 looks at our Airports stock index, major impact deals, M&A, and upcoming economic releases. - Author: QS - Tags: Deals **Namaskār** πŸ”οΈ πŸ“‰ **Today's Global Economic Update:** Australia's Q4 2023 GDP data released today,[ showed a modest 0.2% expansion Quarter-on-Quarter, the slowest in five quarters.](https://www.abs.gov.au/statistics/economy/national-accounts/australian-national-accounts-national-income-expenditure-and-product/dec-2023?ref=newsletters.qs.com) Despite restrained consumer spending and reduced government expenditure, the annual GDP growth of 1.5% slightly surpassed forecasts, indicating resilience amid economic challenges and the potential for a gradual recovery ahead. 🌿 **Deal of the Day:** Sunfire, a German clean hydrogen company, raised a [$233M Series E](https://sifted.eu/articles/sunfire-e500m-green-hydrogen?ref=newsletters.qs.com) to scale up its green hydrogen production technology. **What's New?** - πŸ›« **Airports.** Airports index recovers 17% loss - **πŸ’° Funding.** Cleantech, dental AI, medical devices & more - πŸ’Ό **M&A.** HR, workplace learning, consulting & more - πŸ“… **Economics.** ECB interest rate decision, UK GDP, US inflation + more *For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) ## πŸ›« Airports Recover 17% Loss ![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/03/HolonIQ_HolonIQ_Airports_HIQAPORT_HCHBV4LEGT6MT98NTFUZ.png) The past year has been challenging for the aviation sector, with HolonIQ's Airports Index dropping 17%, reaching its lowest point in October 2023\. The index is recovering, having now improved to a 2.5% contraction compared to a year ago. Major constituents like Airports of Thailand Public Co. Ltd. ($26B MCap) and AΓ©roports de Paris ($13.5B MCap) saw prices slump by 10.5% and 8.5%, respectively, while Aena S.M.E. SA ($28B MCap) experienced substantial growth at 18.8% Year-on-Year. Airport stocks are declining due to rising tensions in the Middle East, which is leading to higher fuel costs and volatility in prices. Additionally, factors like supply chain issues and uncertainty about the economy are contributing to the downturn. However, amidst these challenges, there are indications of a gradual recovery as more people begin to travel again, reflecting a positive shift in consumer confidence and demand for air travel services. ## πŸ’° Funding 🌿 **Sunfire,** a German manufacturer of electrolyzers, raised a [$233M Series E](https://sifted.eu/articles/sunfire-e500m-green-hydrogen?ref=newsletters.qs.com) to scale up its green hydrogen production technology. 🚨 **RapidSOS,** a NYC-based startup that uses AI to help emergency response teams, raised a [$75M Series C](https://www.finsmes.com/2024/03/rapidsos-raises-75m-closes-150m-round.html?ref=newsletters.qs.com) to expand its operations. 🦷 **Overjet,** a Massachusetts-based company creating AI solutions for dentalcare, raised a [$53.2M Series C](https://www.finsmes.com/2024/03/overjet-raises-53-2m-in-series-c-funding.html?ref=newsletters.qs.com) from March Capital to expand its AI platform. πŸ”¬ **Vivolight,** a Chinese medical device company, raised [$13.8M](https://equalocean.com/news/2024030520562?ref=newsletters.qs.com) from Sinowisdom to develop new products in the medical laser field. ⚑ **HData,** an Alabama-based startup specializing in regulatory compliance & business intelligence for the energy sector, raised a [$10M Series A](https://www.finsmes.com/2024/03/hdata-raises-10m-in-series-a-funding.html?ref=newsletters.qs.com) from Buoyant Ventures to accelerate the expansion of its platform. 🧬 **Cellcolabs,** a Swedish biotech company, raised [$8.7M](https://tech.eu/2024/03/05/swedish-biotech-cellcolabs-secures-87m-for-affordable-stem-cell-production/?ref=newsletters.qs.com) to scale up operations and business development. 🌱 **Cyclize,** a German climate-tech startup, raised a [$5.25M Seed](https://www.finsmes.com/2024/03/cyclize-raises-e5m-in-seed-funding.html?ref=newsletters.qs.com) from UVC Partners to scale its technology. ## πŸ’Ό M&A πŸ‘₯ **Deel,** a California-based payroll and compliance platform, [acquired](https://www.morningstar.com/news/business-wire/20240305704396/deel-is-acquiring-payroll-company-payspace?ref=newsletters.qs.com) PaySpace, an African-based payroll and HR company. πŸ” **ProductLife Group,** a Belgium-based innovation consulting firm, [acquired](https://www.prnewswire.com/news-releases/productlife-group-acquires-health-care-solution-hcs-expanding-its-reach-across-middle-east-and-africa-302077875.html?ref=newsletters.qs.com) Health Care Solution, a Morocco-based regulatory and quality consulting firm. πŸ“š **CIEL Group**, an India-based HR solutions provider, [acquired](https://www.thehindubusinessline.com/news/ciel-invests-in-courseplay-amid-ipo-preparations/article67916139.ece?ref=newsletters.qs.com) a 51% stake in Courseplay, a Mumbai-based workplace learning solutions provider, for $2M. πŸ§ͺ **Indutrade,** a Swedish industrial valve manufacturing company, signed an agreement to [acquire](https://news.cision.com/indutrade-ab/r/indutrade-acquires-the-norwegian-laboratory-technology-company-matriks,c3940400?ref=newsletters.qs.com) Matriks, a Norwegian laboratory equipment supplier. πŸ”¬ **Haemonetics,** a Massachusetts-based medical technology company, entered into an agreement to [acquire](https://www.prnewswire.com/news-releases/haemonetics-announces-definitive-agreement-to-acquire-attune-medical-302079245.html?ref=newsletters.qs.com) Attune Medical, an Illinois-based medical device provider. ## **πŸ“…** Economic Calendar ECB Interest Rate Decision, UK GDP, US Inflation + More ### Wednesday, March 6th 2024 πŸ‡©πŸ‡ͺ [Germany Balance of Trade, January](https://www.destatis.de/?ref=newsletters.qs.com) πŸ‡¨πŸ‡¦ [Canada BoC Interest Rate Decision](http://www.bankofcanada.ca/?ref=newsletters.qs.com) πŸ‡¨πŸ‡¦ [Canada Ivey PMI s.a, February](https://www.ivey.uwo.ca/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US JOLTs Job Openings, January](https://www.bls.gov/?ref=newsletters.qs.com) ### Thursday, March 7th 2024 πŸ‡¦πŸ‡Ί [Australia Balance of Trade, January](https://www.abs.gov.au/?ref=newsletters.qs.com) πŸ‡¨πŸ‡³ [China Balance of Trade, Jan-Feb](http://www.customs.gov.cn/?ref=newsletters.qs.com) πŸ‡ͺπŸ‡¦ [ECB Interest Rate Decision](https://www.ecb.europa.eu/?ref=newsletters.qs.com) πŸ‡¨πŸ‡¦ [Canada Balance of Trade, January](https://www.statcan.gc.ca/?ref=newsletters.qs.com) ### Friday, March 8th 2024 πŸ‡¨πŸ‡¦ [Canada Unemployment Data, February](https://www.statcan.gc.ca/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Non-Farm Payrolls, February](https://www.bls.gov/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Unemployment Data, February](https://www.bls.gov/?ref=newsletters.qs.com) ### Tuesday, March 12th 2024 πŸ‡¦πŸ‡Ί [Australia NAB Business Confidence, February](http://business.nab.com.au/?ref=newsletters.qs.com) πŸ‡¬πŸ‡§ [UK Unemployment Data, January](https://www.ons.gov.uk/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Core Inflation Data, February](http://www.bls.gov/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Inflation Data, February](https://www.bls.gov/?ref=newsletters.qs.com) ### Wednesday, March 13th 2024 πŸ‡¬πŸ‡§ [UK GDP Data, January](https://www.ons.gov.uk/?ref=newsletters.qs.com) ### Thursday, March 14th 2024 πŸ‡ΊπŸ‡Έ [US PPI Data, February](https://www.bls.gov/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Retail Sales Data, February](https://www.census.gov/?ref=newsletters.qs.com) ### Friday, March 15th 2024 πŸ‡ΊπŸ‡Έ [US Michigan Consumer Sentiment (Preliminary), March](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com) [](https://www.ifo.de/?ref=newsletters.qs.com) --- **Like getting this newsletter?* For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com)*.* --- **Thank you for reading. 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