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# 🦾 $300M Robotics Funding. $640M+ VC Funding.
- URL: https://newsletters.qs.com/300m-robotics-funding-640m-vc-funding-2/
- Published: 2024-07-10T12:30:33.000Z
- Updated: 2024-07-10T12:30:33.000Z
- Description: Impact Capital Markets #133 looks at major impact deals, M&A, 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:** In June 2024, China's consumer price index [increased by 0.2% YoY and fell by 0.2% MoM](https://www.stats.gov.cn/sj/zxfb/202407/t20240710%5F1955508.html?ref=newsletters.qs.com). Food prices dropped significantly, while non-food and service prices saw moderate increases.

🦾 **Deal of the Day:** Skild AI, a Pennsylvania-based robotics software company, raised a [$300M Series A](https://www.businesswire.com/news/home/20240709306400/en/Skild-AI-Raises-300M-Series-A-To-Build-A-Scalable-AI-Foundation-Model-For-Robotics?ref=newsletters.qs.com) to develop a scalable AI foundation model for robotics.

**What's New?** 
  
**💰 Funding.** Robotics software, game studios, fintech + more  
💼 **M&A.** Industrial engineering and life sciences  
📅 **Economics.** US inflation, UK GDP, balance of trade + more

## **💰** Funding

## 

🦾 **Skild AI**, a Pennsylvania-based robotics software company, raised a [$300M Series A](https://www.businesswire.com/news/home/20240709306400/en/Skild-AI-Raises-300M-Series-A-To-Build-A-Scalable-AI-Foundation-Model-For-Robotics?ref=newsletters.qs.com) from Lightspeed Venture Partners and Coatue to develop a scalable AI foundation model for robotics.

🎮 **Volley**, a California-based game studio, raised a [$55M Series C](https://www.finsmes.com/2024/07/volley-raises-55m-in-series-c-funding.html?ref=newsletters.qs.com) from M12 Ventures and Lightspeed Venture Partners to expand operations and development efforts.

📲 **NALA**, a Tanzanian fintech platform, raised a [$40M Series A](https://www.techafricanews.com/2024/07/10/nala-secures-40m-series-a-funding-to-expand-global-services-and-develop-rafiki-platform/?ref=newsletters.qs.com) from Acrew Capital to expand global services and develop its platform technology. 

🤖 **Canoe Intelligence**, a New York-based investment intelligence provider, raised a [$36M Series C](https://www.finsmes.com/2024/07/canoe-intelligence-raises-36m-in-series-c-funding.html?ref=newsletters.qs.com) from Goldman Sachs to develop advanced AI and machine learning for its front-to-back office operations.

☁️ **Onehouse**, a Californian-based data lakehouse company, raised a [$35M Series B](https://pulse2.com/onehouse-universal-data-lakehouse-company-closes-35-million-in-series-b/?ref=newsletters.qs.com) from Craft Ventures to launch new products aimed at reducing costs and enhancing performance.

💳 **Adonis,** a New York-based health fintech platform, raised a [$31M Series B](https://pulse2.com/adonis-healthcare-financial-company-secures-31-million-in-series-b/?ref=newsletters.qs.com) from Point72 Private Investments to accelerate product innovation and expand their team.

🔬 **NOWDiagnostics**, an Arkansas-based digital diagnostics company, raised a [$22.5M Series B](https://www.finsmes.com/2024/07/nowdiagnostics-raises-22-5m-in-series-b-funding.html?ref=newsletters.qs.com) from DigitalDx to commercialize at-home diagnostic tests, develop new diagnostics, expand the test pipeline, and support strategic hiring.

💻 **Volumez,** a Massachusetts-based cloud volume orchestrator, raised a [$20M Series A](https://en.globes.co.il/en/article-data-tech-company-volumez-expands-series-a-round-to-40m-1001483943?ref=newsletters.qs.com) to support the growth and development of its data technology solutions. 

## **💼** M&A

## 

🏭 **Accenture,** an Irish professional services company, [acquired](https://www.bdtonline.com/news/nation%5Fworld/accenture-acquires-true-north-solutions-to-help-clients-produce-energy-more-safely-and-efficiently/article%5F2fa0e5bb-ec17-5f9a-af2d-23096d0be961.html?ref=newsletters.qs.com) True North Solutions, a Canadian provider of industrial engineering solutions.

🔬 **Illumina,** a California-based DNA sequencing technologies company, [acquired](https://www.worldpharmaceuticals.net/news/illumina-acquires-fluent-biosciences/?ref=newsletters.qs.com) Fluent Biosciences, a Massachusetts-based life science company. 

## **📅** Economic Calendar

US Inflation, UK GDP, Balance of Trade + More

### Thursday, July 11th 2024

🇬🇧 [UK GDP Data, May](https://www.ons.gov.uk/?ref=newsletters.qs.com)  
🇺🇸 [US Core Inflation Data, June](https://www.bls.gov/?ref=newsletters.qs.com)  
🇺🇸 [US Inflation Data, June](https://www.bls.gov/?ref=newsletters.qs.com)

### Friday, July 12th 2024

🇺🇸 [US PPI Data, June](https://www.bls.gov/?ref=newsletters.qs.com)  
🇺🇸 [US Michigan Consumer Sentiment (Preliminary), July](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com)  
🇨🇳 [China Balance of Trade, June](http://www.customs.gov.cn/?ref=newsletters.qs.com)

### Tuesday, July 16th 2024

🇩🇪 [Germany 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.html?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)

[](http://www.customs.gov.cn/?ref=newsletters.qs.com)

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