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# 🪶 Flo Achieves Unicorn Status With $200M Series C. $300M+ VC Funding.
- URL: https://newsletters.qs.com/flo-achieves-unicorn-status-with-200m-series-c-300m-vc-funding/
- Published: 2024-07-31T12:33:41.000Z
- Updated: 2024-07-31T12:33:41.000Z
- Description: Daily Impact Deals #148 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/Tashi%5Fdelek?ref=newsletters.qs.com)🏞️  
  
📈 **Today's Global Economic Update:** In the US, [Q2 GDP grew 2.8%](https://www.bea.gov/?ref=newsletters.qs.com). PCE inflation slowed to 2.6%, with core PCE at 2.9%. The savings rate fell to 3.5%, and jobless claims dropped by 10,000, but durable goods orders declined. These mixed signals highlight recovery challenges.

 **‍👩 Deal of the Day:** Flo Health, a UK-based women's health company, raised a [$200M Series C](https://tech.eu/2024/07/30/flo-health-raises-over-200m-becomes-first-femtech-unicorn/?ref=newsletters.qs.com) to fuel its next phase of growth.

**What's New?**  
📚 **Education.** HRTech  
**🌍 Climate.** Carbon removal + more  
**🩺 Health.** FemTech, bioTech  
📅 **Economics.** Euro Area GDP, US Fed interest, inflation data + more

## 📚 Education

  
**🧑‍🎓 Educatly**, an Egyptian student recruitment platform, raised a [$2.5M Seed](https://www.edtechreview.in/news/educatly-raises-2-5m-in-new-funding-to-solidify-its-footprint-in-the-middle-east/?ref=newsletters.qs.com) from TLcom Capital Partners and Plus Venture Capital to solidify its presence in the Middle East and Africa.

## **🌍** Climate  

🍃 **Graphyte**, an Arkansas-based carbon removal startup, raised a [$30M Series A](https://www.finsmes.com/2024/07/graphyte-raises-30m-in-series-a-funding.html?ref=newsletters.qs.com) from Prelude Ventures and Carbon Direct Capital to accelerate the deployment of its technology.  
  
**🥼 Pace Analytical Services** [acquired](https://www.indianagazette.com/news/pace-analytical-services-acquires-indiana-based-environmental-services-laboratories/article%5F764f479e-4eb0-11ef-bab2-7f4c5d5a9d50.html?ref=newsletters.qs.com) Environmental Services Laboratories, an Indiana-based environmental testing company founded in 1988.

## 🩺 Health

  
**‍👩 Flo Health**, a UK-based women's health company, raised a [$200M Series C](https://tech.eu/2024/07/30/flo-health-raises-over-200m-becomes-first-femtech-unicorn/?ref=newsletters.qs.com) from General Atlantic to fuel its next phase of growth by expanding into new markets and enhancing its technology.

**💉 LTZ Therapeutics**, a Chinese immunotherapy-focused biotech, raised a [$20M Series A](https://www.finsmes.com/2024/07/ltz-therapeutics-raises-over-20m-in-series-a-financing.html?ref=newsletters.qs.com) from Lapam Capital to advance the development of its Myeloid Engager pipeline to treat cancer and autoimmune diseases.  
  
**💊 Pinetree Therapeutics**, a Massachusetts-based biotechnology company, raised a [$17M Series A](https://www.prnewswire.com/news-releases/pinetree-therapeutics-closes-17-million-in-series-a-funding-to-advance-abreptor-protein-degradation-platform-and-portfolio-programs-302209011.html?ref=newsletters.qs.com) from STIC Investments and DSC Investment to advance their clinical trials further.

## **📅** Economic Calendar

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

### Wednesday, July 31st 2024

[🇺🇸 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)

### Monday, August 5th 2024

[🇺🇸 ISM Services PMI, July](https://www.ismworld.org/?ref=newsletters.qs.com)

### Tuesday, August 6th 2024

[🇦🇺 RBA Interest Rate Decision](http://www.rba.gov.au/?ref=newsletters.qs.com)

### Wednesday, August 7th 2024

[🇩🇪 Germany's Balance of Trade](https://www.destatis.de/?ref=newsletters.qs.com)  
[🇨🇦 Canada Ivey PMI, July](https://www.ivey.uwo.ca/?ref=newsletters.qs.com)  
[🇦🇺 NAB Business Confidence Index, July](http://business.nab.com.au/?ref=newsletters.qs.com)  
[🇨🇳 China Balance of Trade, July](http://www.customs.gov.cn/?ref=newsletters.qs.com)

### Thursday, August 8th 2024

[🇨🇦 Canada Balance of Trade, June](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
[🇨🇳 China Inflation Data, July](http://www.stats.gov.cn/?ref=newsletters.qs.com)

### Friday, August 9th 2024

[🇨🇦 Canada Employment Data, July](http://www.statcan.gc.ca/?ref=newsletters.qs.com)

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

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