> ## 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. # ๐Ÿค– $675M Humanoid Robot Funding. Ports Surge 20%. - URL: https://newsletters.qs.com/675m-humanoid-robot-funding-ports-surge-20/ - Published: 2024-03-01T12:35:17.000Z - Updated: 2024-03-01T12:35:16.000Z - Description: Impact Capital Markets #40 looks at our Ports stock index, major impact deals, M&A, and upcoming economic releases. - Author: QS - Tags: Deals **Kamusta** ๐Ÿ๏ธ ๐Ÿ“‰ **Today's Global Economic Update:** India's GDP grew by[ 8.4% in Q4 2023](https://www.mospi.gov.in/press-release?ref=newsletters.qs.com), up from 7.6% in the previous quarter, primarily driven by robust activity in manufacturing and construction sectors. This is the fastest pace of growth recorded in one and a half years and positions India as the world's fastest-growing major economy. ๐Ÿค– **Deal of the Day:** Figure hasraised $675M in a Series B funding round to speed up the deployment of humanoid robots. **What's New?** - **๐Ÿšข Ports**. Ports index up 20% - **๐Ÿ’ฐ Funding.** Fervo Energy raises $244M, robotics, EV charging, biotech deals & more - ๐Ÿ’ผ **M&A.** Ginkgo Bioworks acquisition of Proof Diagnostics - ๐Ÿ“… **Economics.** Europe inflation data, balance of trade, Australia GDP+ more *For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) ## **๐Ÿšข** Ports Index Up 20% ![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/03/HolonIQ_HolonIQ_Ports_HIQPORTS_HCHG9X6MBKGT8SLVDRAJ.png) HolonIQโ€™s Ports Index has experienced a 20% increase over the past year. Major stocks in the index registered increases, with Qingdao Port International ($6B MCap) rising 19% and China Merchants Port Group ($6B MCap) up 10%. However, CK Hutchison Holdings ($20B MCap) saw a 17% decline, dampening the increase in the index. Port activity worldwide has seen a steady rebound as disruptions stemming from the pandemic subsided, with the clearing of backlogs continuing. Wait times in ports surged during the pandemic; however have normalized since, with improvements in efficiency from better infrastructure and higher labor productivity. The [World Bank ](https://www.worldbank.org/en/news/press-release/2023/05/18/global-container-ports-continue-to-recover-from-pandemic-era-disruptions-yet-more-scope-for-efficiency-gains-remain?ref=newsletters.qs.com)has emphasized the potential for productivity gains in maritime logistics through digital technology integration, which can also help lower emissions and address the challenge of decarbonizing the maritime sector. To build resilience against future uncertainties, including climate change, port efficiency needs enhancement through the adoption of new technologies, especially in developing economies. Promisingly, there has been a significant surge in investment towards port development globally, exemplified by initiatives like the U.S. Environmental Protection Agency's introduction of the $3 billion [Clean Ports Program](https://www.epa.gov/newsreleases/epa-invests-3b-clean-ports?ref=newsletters.qs.com). ## **๐Ÿ’ฐ** Funding ๐Ÿค– **Figure,** an AI robotics company based in California, raised a [$675M Series B](https://www.finsmes.com/2024/02/figure-raises-675m-in-series-b-at-2-6b-valuation.html?ref=newsletters.qs.com) to speed up the commercial deployment of humanoid robots. ๐ŸŒ‹ **Fervo Energy,** a Texas-based geothermal development company, raised [$244M](https://www.finsmes.com/2024/02/fervo-energy-raises-244m-in-funding.html?ref=newsletters.qs.com) from Devon Energy to enhance growth and integrate new technologies. โ˜€๏ธ **ENVIRIA,** a German decentralized energy solutions provider, raised a [$200M Series B](https://siliconcanals.com/news/startups/enviria-bags-185m-from-blackrock/?ref=newsletters.qs.com) from BlackRock for the expansion of solar projects across Germany. ๐Ÿš— **Powerdot,** a Portugal-based EV charging point operator, raised [$108M](https://tech.eu/2024/02/29/powerdot-secures-eur100m-funding-for-ev-charging-infrastructure-expansion/?ref=newsletters.qs.com) from Antin Infrastructure Partners and Ariรฉ Group to accelerate R&D projects and expand its charging infrastructure. ๐Ÿงฌ **Kenai Therapeutics,** a California-based biotechnology company, raised a [$82M Series A](https://www.finsmes.com/2024/02/kenai-therapeutics-raises-82m-in-series-a-financing.html?ref=newsletters.qs.com) from Alaska Permanent Fund Corporation to advance cell therapies for the treatment of neurological conditions. ๐Ÿ’Š **Orbis Medicines,** a Danish drug discovery platform, raised a [$28M Seed](https://www.businesswire.com/news/home/20240229750710/en/Orbis-Medicines-Launches-with-%E2%82%AC26-Million-Seed-Financing-to-Transform-Macrocycle-Drug-Development-through-Next-Generation-Orally-Dosable-%E2%80%98nCycles%E2%80%99?ref=newsletters.qs.com) from Novo Holdings & Forbion Capital Partners to advance its portfolio of next-generation drugs called โ€˜nCyclesโ€™. ๐Ÿ„ **Firstfarms,** a Denmark-based agricultural company, raised [$27M](https://finance.yahoo.com/news/firstfarms-secures-large-capital-injection-073500896.html?ref=newsletters.qs.com) from Heartland to increase revenue and develop a more sustainable operation. ๐Ÿ”‹ **Anthro Energy,** a California-based provider of lithium-ion batteries, raised a [$20M Series A](https://www.finsmes.com/2024/02/anthro-raises-20m-in-series-a-financing.html?ref=newsletters.qs.com) from Collaborative Fund to commercialize and scale its battery technologies. ## ๐Ÿ’ผ M&A ๐Ÿฉบ **Ginkgo Bioworks,** a Maryland-based biotechnology firm, [acquired](https://www.finsmes.com/2024/02/ginkgo-bioworks-acquires-proof-diagnostics.html?ref=newsletters.qs.com) Proof Diagnostics, a Massachusetts-based health technology company. ## **๐Ÿ“…** Economic Calendar Europe Inflation Data, Balance of Trade, Australia GDP + More ### Friday, March 01st 2024 ๐Ÿ‡ช๐Ÿ‡ฆ [Euro Area Inflation Data (Flash), February](https://ec.europa.eu/eurostat/?ref=newsletters.qs.com) ๐Ÿ‡ฎ๐Ÿ‡น [Italy GDP Data, 2024](https://www.istat.it/?ref=newsletters.qs.com) ๐Ÿ‡ฎ๐Ÿ‡น [Italy Inflation Data (Preliminary), February](https://www.istat.it/?ref=newsletters.qs.com) ๐Ÿ‡ฎ๐Ÿ‡น [Italy Government Budget, 2023](https://www.istat.it/?ref=newsletters.qs.com) ๐Ÿ‡บ๐Ÿ‡ธ [US ISM Manufacturing PMI ](https://www.ismworld.org/?ref=newsletters.qs.com)[(Preliminary)](https://www.destatis.de/?ref=newsletters.qs.com)[, February ](https://www.ismworld.org/?ref=newsletters.qs.com) ### Tuesday, March 5th 2024 ๐Ÿ‡บ๐Ÿ‡ธ [US ISM Services PMI, February](https://www.ismworld.org/?ref=newsletters.qs.com) ### Wednesday, March 6th 2024 ๐Ÿ‡ฆ๐Ÿ‡บ [Australia GDP Growth Data, Q4](https://www.abs.gov.au/?ref=newsletters.qs.com) ๐Ÿ‡ฉ๐Ÿ‡ช [Germany Balance of Trade, January](https://www.destatis.de/?ref=newsletters.qs.com) ๐Ÿ‡จ๐Ÿ‡ฆ [Canada BoC Interest Rate Decision](http://www.bankofcanada.ca/?ref=newsletters.qs.com) ๐Ÿ‡จ๐Ÿ‡ฆ [Canada Ivey PMI, February](https://www.ivey.uwo.ca/?ref=newsletters.qs.com) ๐Ÿ‡บ๐Ÿ‡ธ [US JOLTs Job Openings, January](https://www.bls.gov/?ref=newsletters.qs.com) ### Thursday, March 7th 2024 ๐Ÿ‡ฆ๐Ÿ‡บ [Australia Balance of Trade, January](https://www.abs.gov.au/?ref=newsletters.qs.com) ๐Ÿ‡จ๐Ÿ‡ณ [China Balance of Trade, Jan-Feb](http://www.customs.gov.cn/?ref=newsletters.qs.com) ๐Ÿ‡ช๐Ÿ‡ฆ [Euro Area Deposit Facility Data](https://www.ecb.europa.eu/?ref=newsletters.qs.com) ๐Ÿ‡ช๐Ÿ‡ฆ [Euro Area ECB Interest Rate Decision](https://www.ecb.europa.eu/?ref=newsletters.qs.com) ๐Ÿ‡จ๐Ÿ‡ฆ [Canada Balance of Trade, January](https://www.statcan.gc.ca/?ref=newsletters.qs.com) ๐Ÿ‡ช๐Ÿ‡ฆ [Euro Area ECB Press Conference](https://www.ecb.europa.eu/home/html/index.en.html?ref=newsletters.qs.com) ### Friday, March 8th 2024 ๐Ÿ‡จ๐Ÿ‡ฆ [Canada Unemployment Data, February](https://www.statcan.gc.ca/?ref=newsletters.qs.com) ๐Ÿ‡บ๐Ÿ‡ธ [US Non-Farm Payrolls, February](https://www.bls.gov/?ref=newsletters.qs.com) ๐Ÿ‡บ๐Ÿ‡ธ [US Unemployment Data, February](https://www.bls.gov/?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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