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# 🛢️ EQT Merges With Equitrans Midstream For $5.4B. $630M+ VC Funding.
- URL: https://newsletters.qs.com/eqt-merges-with-equitrans-midstream-for-5-4b-630m-vc-funding/
- Published: 2024-07-25T12:45:42.000Z
- Updated: 2024-07-25T12:45:42.000Z
- Description: Impact Capital Markets #144 looks at major deals and M&A in impact industries, and upcoming economic releases.
- Author: QS
- Tags: Deals

**Kia ora** 🥝

📈 **Today's Global Economic Update:** The Ifo index [fell to 87.0 in July, the third consecutive monthly decline](https://www.ifo.de/fakten/2024-07-25/ifo-geschaeftsklimaindex-gefallen-juli-2024?ref=newsletters.qs.com), reversing the optimistic trend from earlier in the year. The German economy remains stagnant, with sentiment indicators underscoring ongoing cyclical and structural challenges.

🛢️ **Deal of the Day:** EQT, an independent natural gas producer, closed its $5.4B [merger](https://dailyenergyinsider.com/news/44605-eqt-equitrans-midstream-complete-5-4b-merger-agreement/?ref=newsletters.qs.com) agreement with Equitrans Midstream, an energy company.

**What's New?**  
📚 **Education.** AI  
**🌍 Climate.** Natural gas, electric aviation, biopesticides  
🛰️ **Space & Defense.** Geostationary satellite  
**💻 Technology**. Cybersecurity, trust management  
**🩺 Health.** AI, insurance  
📅 **Economics.** Euro Area GDP, US Fed interest, inflation data + more

## 📚 Education

## 

**📖 Uplimit**, a California-based company that provides AI-powered enterprise learning solutions, raised an [$11M Series A](https://www.finsmes.com/2024/07/uplimit-closes-11m-series-a-funding.html?ref=newsletters.qs.com) from Salesforce Ventures to expand its enterprise platform offerings.

**🤖 Devnagri**, an Indian Gen-AI company, raised an [undisclosed seed round](https://www.techiexpert.com/gen-ai-company-devnagri-raises-undisclosed-amount-in-a-pre-series-a-by-ipv/?ref=newsletters.qs.com) from Inflection Point Ventures for marketing, sales, technology scaling, R&D, infrastructure, and administrative expenses.

## **🌍** Climate

## 

🛢️ **EQT**, an independent natural gas producer, closed its [$5.4B](https://dailyenergyinsider.com/news/44605-eqt-equitrans-midstream-complete-5-4b-merger-agreement/?ref=newsletters.qs.com) acquisition of Equitrans Midstream, an energy company.

✈️ **H55**, a Swiss company specializing in electric aviation technologies, raised a [$73.2M Series C](https://www.finsmes.com/2024/07/h55-closes-ch65m-series-c-funding.html?ref=newsletters.qs.com) from the Government of Quebec to support its North American expansion.

🌱 **Micropep**, a company developing cleaner peptide-based pesticides, raised a [$29M Series B](https://techcrunch.com/2024/07/24/micropep-taps-tiny-proteins-to-make-pesticides-safer/?ref=newsletters.qs.com) from Zebra Impact Ventures to support its market strategy.

## 🛰️Space & Defense

## 

**🚀 Astranis**, a California-based geostationary satellite maker, has raised a [$200M Series D](https://techcrunch.com/2024/07/24/astranis-is-set-to-build-omega-constellation-after-200m-series-d/?ref=newsletters.qs.com), the funds will be used for its Omega constellation.

## **💻** Technology  

🔒 **Dazz**, a Canada-based cybersecurity firm, raised [$50M](https://www.finsmes.com/2024/07/dazz-raises-50m-in-funding.html?ref=newsletters.qs.com) in funding to help security and engineering teams reduce exposure efficiently.

🖥️ **Vanta**, a California-based trust management platform, raised a [$150M Series C](https://fintech.global/2024/07/24/vanta-secures-150m-in-series-c-funding-to-bolster-internet-security/?ref=newsletters.qs.com), to increase and consolidate its global presence

## 🩺 Health

## 

**🚑 Deepc**, a German company that develops AI operating systems for radiologists and clinical organizations, raised a [$13M Series A](https://www.finsmes.com/2024/07/deepc-closes-series-a-with-13m-extension-funding.html?ref=newsletters.qs.com) to accelerate its growth and international expansion.

**🍭 Acko**, an Indian insurance company, [acquired](https://www.moneycontrol.com/technology/general-atlantic-backed-insurtech-firm-acko-acquires-healthtech-startup-onecare-article-12777393.html?ref=newsletters.qs.com) OneCare, an Indian diabetes-care startup.

## **📅** Economic Calendar

Euro Area GDP, US Fed Interest, Inflation Data + More

### Thursday, July 25th 2024

[🇺🇸 US Durable Goods Orders Data](https://www.census.gov/?ref=newsletters.qs.com)  
[🇺🇸 US GDP Growth Data](http://www.bea.gov/?ref=newsletters.qs.com)

### Friday, July 26th 2024

[🇺🇸 US Core PCE Price Index](https://www.bea.gov/?ref=newsletters.qs.com)  
[🇺🇸 US Personal Income & Spending Data](https://www.bea.gov/?ref=newsletters.qs.com)

### Tuesday, July 30th 2024

[🇫🇷 France GDP Growth Data (Preliminary), Q2](https://www.insee.fr/?ref=newsletters.qs.com)  
[🇩🇪 Germany GDP Growth Data Flash, Q2](https://www.destatis.de/?ref=newsletters.qs.com)  
[🇮🇹 Italy GDP Growth Data, Q2](https://www.istat.it/?ref=newsletters.qs.com)  
[🇪🇦 Euro Area GDP Growth Data Flash, Q2](https://ec.europa.eu/eurostat/?ref=newsletters.qs.com)  
[🇩🇪 Germany Inflation Data (Preliminary), July](https://www.destatis.de/DE/Home/%5Finhalt.html?ref=newsletters.qs.com)  
[🇺🇸 US JOLTs Job Openings, June](http://www.bls.gov/?ref=newsletters.qs.com)  
[🇦🇺 Australia Monthly CPI Indicator, June](https://www.abs.gov.au/?ref=newsletters.qs.com)  
[🇨🇳 China NBS Manufacturing PMI, July](https://www.stats.gov.cn/?ref=newsletters.qs.com)

### Wednesday, July 31st 2024

[🇯🇵 Japan BoJ Interest Rate Decision](https://www.boj.or.jp/?ref=newsletters.qs.com)  
[🇯🇵 Japan Consumer Confidence Index, July](https://www.cao.go.jp/?ref=newsletters.qs.com)  
[🇫🇷 France Inflation Data (Preliminary), July](https://www.insee.fr/fr/accueil?ref=newsletters.qs.com)  
[🇪🇦 Euro Area Inflation Data Flash, July](https://ec.europa.eu/eurostat/?ref=newsletters.qs.com)  
[🇮🇹 Italy Inflation Data (Preliminary), July](https://www.istat.it/?ref=newsletters.qs.com)  
[🇺🇸 US Fed Interest Rate Decision](https://www.federalreserve.gov/)  
[🇦🇺 Australia Balance of Trade Data, June](https://www.abs.gov.au/?ref=newsletters.qs.com)  
[🇨🇳 China Caixin Manufacturing PMI, July](https://www.pmi.spglobal.com/public?ref=newsletters.qs.com)

### Thursday, August 1st 2024

[🇬🇧 BoE Interest Rate Decision](https://www.bankofengland.co.uk/?ref=newsletters.qs.com)  
[🇺🇸 ISM Manufacturing PMI, July](https://www.ismworld.org/?ref=newsletters.qs.com)

### Friday, August 2nd 2024

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

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

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