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# 🤖 $6.6B Record-Breaking VC Funding. Good Energy Acquires Laven Electric.
- URL: https://newsletters.qs.com/6-6b-record-breaking-vc-funding-good-energy-acquires-laven-electric/
- Published: 2024-10-03T11:19:26.000Z
- Updated: 2024-10-03T11:19:26.000Z
- Description: Daily Impact Deals #194 looks at major deals and M&A in impact industries and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Tashi delek**](https://en.wikipedia.org/wiki/Pashto?ref=newsletters.qs.com)🏞️

📈 **Today's Global Economic Update:** Australia's trade [surplus reached AUD 5.64B in August 2024, the highest since April](https://www.abs.gov.au/statistics/economy/international-trade/international-trade-goods/aug-2024?ref=newsletters.qs.com), despite slight drops in exports and imports. Exports fell 0.2%, with notable declines in Malaysia and South Korea, while imports dropped 0.2% to a four-month low.

**🤖 Deal of the Day:** OpenAI, the California-based AI research firm, secured [$6.6B](https://www.axios.com/2024/10/02/openai-new-funding-round-restructuring?ref=newsletters.qs.com) in funding to support its expansion efforts.

**What's New?**  
📚 **Education.** Literacy development & online learning  
**🌍 Climate.** Sustainable crop protection & solar installer  
**🩺 Health.** Biotechnology & health tech  
**💻 Technology.** AI &software development  
📅 **Economics.** US inflation, UK GDP, balance of trade data + more

## 📚 Education

  
**✒️ Keys to Literacy**, a provider of literacy professional development, has [acquired](https://www.businesswire.com/news/home/20241001210304/en/Keys-to-Literacy-and-Schools-Cubed-Combine-to-Transform-Literacy-Professional-Development-and-Leadership?ref=newsletters.qs.com) Schools Cubed, a company specializing in literacy professional development and leadership.

**🪑 Castle Harlan**, a private equity firm, has [acquired](https://www.pehub.com/castle-harlan-buys-educational-furniture-manufacturer-alumni-educational-systems/?ref=newsletters.qs.com) Alumni Educational Systems, a manufacturer of educational furniture.

**👩‍💻 Infostud,** a Serbian online learning platform, has [acquired](https://www.staffingindustry.com/news/global-daily-news/serbias-infostud-acquires-online-learning-platform-krojaceva-skola?ref=newsletters.qs.com) Krojaceva Skola, another online learning platform, intending to create personalized career development plans for users.

## **🌍** Climate  

**🌱 AgroSpheres**, a biotechnology leader in sustainable crop protection and crop health, raised a [$37M Series B ](https://igrownews.com/agrospheres-latest-news/?ref=newsletters.qs.com)from Zebra Impact Ventures to support development.

**🌞 Good Energy Solutions**, a Kansas-based solar installer, [acquired ](https://www.solarpowerworldonline.com/2024/10/kansas-based-solar-installer-good-energy-solutions-acquires-laven-electric/?ref=newsletters.qs.com)Laven Electric, a Kansas-based electrical and solar services provider.

## **🩺** Health

## 

**🧬 Triveni,** a biotechnology company, has raised a [$115M Series B ](https://finance.yahoo.com/news/triveni-scores-115m-expand-immunology-171306573.html?ref=newsletters.qs.com)to expand its immunology pipeline and conduct a clinical study for its lead candidate TRIV-573.

**🔬 LoQus23 Therapeutics,** a UK biotech company, has raised a [$46.6M Series A](https://www.bioworld.com/articles/713106-loqus23s-35m-series-a-targets-huntingtons-disease?ref=newsletters.qs.com) from Forbion to advance its lead candidate for treating Huntington's Disease.

**⚕️ RXNT,** a Maryland-based healthcare technology company, [acquired](https://www.prnewswire.com/news-releases/rxnt-acquires-scalabull-streamlining-clinical-lab-and-facility-interfacing-for-providers-nationwide-302265811.html?ref=newsletters.qs.com) Scalabull, a nationwide interfacing network that enables electronic health record (EHR) systems to connect with clinical labs and facilities.

## **💻** Technology

## 

**🤖 OpenAI,** the California-based AI research firm, secured [$6.6B](https://www.axios.com/2024/10/02/openai-new-funding-round-restructuring?ref=newsletters.qs.com) in funding to support its expansion efforts.

**🌐 poolside**, a California-based company building capable AI for software development, raised a [$500M Series B](https://www.finsmes.com/2024/10/poolside-closes-500m-series-b-funding.html?ref=newsletters.qs.com). The capital raised has allowed the company to bring online 10,000 NVIDIA GPUs.

## **📅** Economic Calendar

US Inflation, UK GDP, Balance of Trade Data + More

### Friday, October 04th 2024

[🇺🇸 US Employment Data, ](https://www.bls.gov/?ref=newsletters.qs.com)September

### Monday, October 07th 2024

[🇦🇺 Australia RBA Meeting Minutes](http://www.rba.gov.au/?ref=newsletters.qs.com)

### Tuesday, October 08th 2024

[🇨🇦 Canada Balance of Trade Data, August](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
[🇦🇺 Australia Westpac Consumer Confidence Data, October](http://www.westpac.com.au/?ref=newsletters.qs.com)

### Wednesday, October 09th 2024

[🇩🇪 Germany Balance of Trade Data, August](https://www.destatis.de/DE/Home/%5Finhalt.html?ref=newsletters.qs.com)

### Thursday, October 10th 2024

[🇺🇸 US Core Inflation Data, September](http://www.bls.gov/?ref=newsletters.qs.com)  
[🇺🇸 US Inflation Data, Septembe](http://www.bls.gov/?ref=newsletters.qs.com)r

### Friday, October 11th 2024

[🇬🇧 UK GDP Data, August](http://www.ons.gov.uk/?ref=newsletters.qs.com)  
[🇨🇦 Canada Employment Data, September](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
[🇺🇸 US PPI Data, ](https://www.bls.gov/?ref=newsletters.qs.com)September  
[🇺🇸 US Michigan Consumer Sentiment Prel, October](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com)

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