> ## 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. # πŸ’°$90M Food Delivery Funding. Hydropower Stock Volatility. - URL: https://newsletters.qs.com/90m-food-delivery-funding-hydropower-stock-volatility/ - Published: 2024-02-06T12:14:48.000Z - Updated: 2024-02-06T12:14:48.000Z - Description: Impact Capital Markets #22 looks at our Hydropower Stock Index, major impact deals and acquisitions, and the upcoming economic releases. - Author: QS - Tags: Deals Yesterday's trade data revealed a mixed picture: Australia's [surplus contracted](https://www.abs.gov.au/statistics/economy/international-trade/international-trade-goods/dec-2023?ref=newsletters.qs.com) as exports slowed, while Germany's [surplus reached EUR 22.2 billion](https://www.destatis.de/DE/Presse/Pressemitteilungen/2024/02/PD24%5F044%5F51.html?ref=newsletters.qs.com), its highest since November 2017, with exports outpacing imports **Today's Topics** - **🌊 Hydropower.** Hydropower Stock Recovers from an 8% drop - **πŸ’° Funding.** $235M+ Funding inRobot delivery, Cardiology, Agtech + More - πŸ’Ό **Acquisitions.** Clinical Surveillance, Saas Energy, Chronic Care + More - πŸ“… **Economics.** Major Interest Rate Decisions, Balance of Trade, GDP & Inflation Releases + More *For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) ## **🌊 Hydropower Stock Volatility** ![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/02/HolonIQ_HolonIQ_Hydropower_HIQHYDRO_HCHNJ9EY1VWLJ791FX82.png) **HolonIQ Hydropower (HIQHYDRO).** 12-month Indexed returns (returns on the index relative to the level on February 07, 2023) have been on a downward trend but made a turnaround in October and increased to 3% YoY in January 2024\. Index performance declined due to a number of factors, including the fact that China began to rely on coal due to drought-induced depletion of hydropower resources. Despite challenges, significant strides are being made globally towards advancing sustainable energy solutions and diversifying energy portfolios. Recent developments globally include the US DOE’s allocation of almost $600M to enhance water power technologies across America, Colombia’s integration of 18 solar and small hydroelectric plants into the grid during the second and third quarters of 2023, and Spanish multinational electric utility Iberdrola (MarketCap: US$ 73B) powering up the Portuguese hydro project in January 2024\. The rising interest rates across the world are pushing up project financing, which is making new projects more costly, but as economies stabilize and countries ramp up renewable energy capacities to achieve net-zero goals, this sector may see a resurgence. ## **πŸ’° Funding** πŸ€– **Starship Technologies,** a California-based delivery robot company, raised [$90M](https://tech.eu/2024/02/05/starship-technologies-raises-90m-for-autonomous-last-mile-delivery-expansion/?ref=newsletters.qs.com) to scale up its self-driving delivery robot fleet, aiming to meet growing market demand. πŸ«€ **Procyrion**, a Texas-based cardio-renal medical device company, raised a [$57.7M Series E](https://www.prnewswire.com/news-releases/procyrion-closes-57-7-million-in-series-e-financing-302052555.html?ref=newsletters.qs.com) from Fannin Innovation Studio. These funds will help to advance a crucial research study exploring a device called Aortix. 🌱 **ProducePay**, a California-based AgTech finance platform, raised a [$38M Series D ](https://techcrunch.com/2024/02/05/producepay-raises-38m-to-tackle-produce-supply-chain-waste/?ref=newsletters.qs.com)from Syngenta Ventures to support the company’s expansion into Europe, Asia, Africa, and Australia. 🌦️ **Jua,** a Swiss-based AI Weather Power Trading Platform, raised a [$16M Seed](https://techcrunch.com/2024/02/05/jua-raises-16m-to-build-a-foundational-ai-model-for-the-natural-world-starting-with-the-weather/?ref=newsletters.qs.com) from Green Generation Fund & 468 Capital to develop an AI model for weather prediction. πŸ”¬ **Vektor Medical,** a California-based company specializing in AI-based arrhythmia analysis technology, raised a [$16M Series A](https://www.businesswire.com/news/home/20240205405047/en/Vektor-Medical-Secures-16-Million-Series-A-Funding?ref=newsletters.qs.com) from TVM Capital Life Science and Solas BioVentures to revolutionize arrhythmia care. 🏠 **Keus,** an Indian smart home automation company, raised [$12M](https://www.thehindubusinessline.com/companies/keus-smart-home-raises-100-cr-in-a-round-led-by-oaks/article67813206.ece?ref=newsletters.qs.com) OAKS Asset Management to open new experience centers in major cities and solidify market leadership in Hyderabad. 🩺 **Neurescue,** a Danish medical device startup developing cardiovascular devices, raised a [$7.2M Series A](https://siliconcanals.com/crowdfunding/neurescue-raises-6-7m/?ref=newsletters.qs.com) from West Hill Capital. This funding will be used to further develop and scale its NEURESCUE device, a pioneering solution for improved treatment of cardiac arrest. ## πŸ’Ό **Acquisitions** ## πŸ’» **Inovalon,** a Bowie, Maryland-based provider of cloud-based software solutions empowering data-driven healthcare, [acquired](https://www.finsmes.com/2024/02/inovalon-acquires-vigilanz.html?ref=newsletters.qs.com) VigiLanz, a Minnesota-based clinical surveillance SaaS company. ⚑ **Franklin Energy,** a Wisconsin-based energy solutions company, [acquired](https://www.globenewswire.com/en/news-release/2024/02/05/2823596/0/en/Franklin-Energy-Acquires-Snugg-Home-Adding-Industry-Leading-Energy-Audit-Tool-to-Technology-Suite.html?ref=newsletters.qs.com) Snugg Home, a Colorado-based leading SaaS energy efficiency company. 🩺 **Thyrocare,** an Indian diagnostic and preventive healthcare service provider, [acquired](https://www.business-standard.com/companies/news/thyrocare-acquires-think-health-diagnostics-expands-into-home-ecg-services-124020500873%5F1.html?ref=newsletters.qs.com) Think Health Diagnostics, a Chennai-based home healthcare aggregator platform that combines a variety of health services. πŸ₯ **Hamilton Beach Health,** a Virginia-based digital health solutions provider, [acquired](https://www.prnewswire.com/news-releases/hamilton-beach-brands-holding-company-announces-acquisition-of-healthbeacon-plc-302052586.html?ref=newsletters.qs.com) HealthBeacon, an Irish chronic care device developer. 🌍 **Novo Holdings,** a Danish investment company, [acquired](https://www.finsmes.com/2024/02/novo-holdings-to-acquire-catalent.html?ref=newsletters.qs.com) Catalent, a New Jersey-based provider of enhanced global treatment solutions. ## **πŸ“… Economic Calendar** Major Balance of Trade, Interest Rate Decision, China Inflation Data + More ### **Tuesday February 6th 2024** πŸ‡¨πŸ‡¦ Canada - Ivey PMI s.a , January ### **Wednesday February 7th 2024** πŸ‡¨πŸ‡¦ Canada - Balance of Trade , December ### **Thursday February 8th 2024** πŸ‡¨πŸ‡³ China - Inflation Data, January ### **Friday February 9th 2024** πŸ‡¨πŸ‡¦ Canada - Unemployment Data, January ### **Tuesday , February 13th 2024** πŸ‡¦πŸ‡Ί Australia Westpac Consumer Confidence Change, February πŸ‡¬πŸ‡§ UK Unemployment Rate, December πŸ‡©πŸ‡ͺ Germany ZEW Economic Sentiment Index, February πŸ‡ΊπŸ‡Έ US Core Inflation Data , January πŸ‡ΊπŸ‡Έ US Inflation Data , January ### **Wednesday February 14th 2024** πŸ‡¦πŸ‡Ί Australia NAB Business Confidence, January πŸ‡¬πŸ‡§ UK Inflation Rate, January ### **Thursday February 15th 2024** πŸ‡―πŸ‡΅ Japan GDP Data , Q4 πŸ‡¬πŸ‡§ UK GDP Data , Q4 πŸ‡¬πŸ‡§ UK GDP Data, December πŸ‡ΊπŸ‡Έ US Retail Sales Data , January ### **Friday February 16th 2024** πŸ‡¬πŸ‡§ UK Retail Sales Data, January πŸ‡ΊπŸ‡Έ US Building Permits Prel, January πŸ‡ΊπŸ‡Έ US PPI MoM, January πŸ‡ΊπŸ‡Έ US Michigan Consumer Sentiment Prel, February --- **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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