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# 💰 Global Impact Deals #2
- URL: https://newsletters.qs.com/global-impact-deals-2-2/
- Published: 2024-11-08T09:49:03.000Z
- Updated: 2024-11-08T09:49:03.000Z
- Description: This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From Pacific Fusion raising $900M to develop High-gain pulsed fusion tech to AbbVie acquiring Aliada Therapeutics for $1.4B.
- Author: QS
- Tags: Deals

**Happy Monday 👋**

This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From Pacific Fusion raising [$900M to develop High-gain pulsed fusion tech](https://www.neimagazine.com/news/major-funding-boosts-pacific-fusions-expansion/?ref=newsletters.qs.com) to AbbVie acquiring Aliada Therapeutics for [$1.4B](https://www.finsmes.com/2024/10/abbvie-to-acquire-aliada-therapeutics.html?ref=newsletters.qs.com), discover the key transactions and trends making waves in Education, Climate, Health, and Technology.

**⚛️ Deal of the Week:** Pacific Fusion, a fusion start-up, raised [$900M](https://www.neimagazine.com/news/major-funding-boosts-pacific-fusions-expansion/?ref=newsletters.qs.com) in Series A funding to develop high-gain pulsed magnetic fusion technology.

**What's New?**  
📚 **Education.** Personal learning, early childhood communication & virtual learning  
**🌍 Climate.** Fusion, transport & truckload transportation  
**🏥 Health.** Biotechnology & biopharma  
**🪐 Space and Defense.** Security services, weapons systems & defense tech  
💻 **Technology.** Cybersecurity & security governance 

## **📚** Education

## 

**📖 Oboe**, a US-based personalized learning company, raised a [$4M](https://www.finsmes.com/2024/10/oboe-raises-4m-in-seed-funding.html?ref=newsletters.qs.com#google%5Fvignette) seed from Eniac Ventures to finance the development of its platform and services. 

**👶 Potentia**, a private equity firm, [acquired](https://www.afr.com/street-talk/school-s-out-potentia-pounces-on-ambitious-nz-edtech-storypark-20241030-p5kmoh?ref=newsletters.qs.com) Storypark, a New Zealand-based early childhood communication platform, through an auction process led by RBC Capital Markets.

**👨‍💻 Springpod,** a provider of virtual work-based learning experiences for students, raised [$2.5M](https://www.edtechreview.in/news/springpod-raises-2-5m-in-new-funding-to-expand-virtual-work-based-learning/?ref=newsletters.qs.com) in funding from American Student Assistance to expand virtual work-based learning.

## **🌱** Climate

## 

🔨 **Gold Fields,** a South African gold producer, [acquired](https://www.mining-technology.com/news/gold-fields-osisko-mining/?ref=newsletters.qs.com) Osisko Mining, a Canada-based mineral exploration company for $1.39B.

**⚛️ Pacific Fusion,** a US-based fusion start-up, raised [$900M](https://www.neimagazine.com/news/major-funding-boosts-pacific-fusions-expansion/?ref=newsletters.qs.com) in Series A funding to develop high-gain pulsed magnetic fusion technology.

**🚚 Enterprise Products Partners,** an energy company, has [acquired](https://finance.yahoo.com/news/enterprise-products-partners-acquires-pi-151141679.html?ref=newsletters.qs.com) Piñon Midstream, a private midstream company for $950M. 

## **🏥** Health

## 

🦠 **AbbVie** acquired Aliada Therapeutics, MA-based biotechnology company for [$1.4B](https://www.finsmes.com/2024/10/abbvie-to-acquire-aliada-therapeutics.html?ref=newsletters.qs.com) to expand its pipeline of CNS drug development.

🧬 **Seaport Therapeutics,** aclinical-stage biopharmaceutical company, raised a [$225M](https://www.biospectrumasia.com/news/98/25098/australia-based-seaport-therapeutics-secures-225-m-funding-to-develop-neuropsychiatric-medicines-using-prodrug-technology.html?ref=newsletters.qs.com) Series B to advance its lead drug candidate into clinical trials and further develop its Glyph technology platform.

💉 **Kivu Bioscience,** aCA-based biotech company**,** secured a [$92M Series A ](https://www.citybiz.co/article/618939/kivu-bioscience-raises-92m-series-a/?ref=newsletters.qs.com) from Novo Holding to advance multiple oncology programs in the clinic.

## **🪐** Space and Defense 

## 

🔥 **Pye-Barker Fire & Safety,** a fire protection and security services provider, [acquired](https://www.securityinfowatch.com/integrators/press-release/55239761/pye-barker-fire-safety-pye-barker-fire-safety-acquires-fresno-fire-sprinkler-servicer-ms-fire-protection?ref=newsletters.qs.com) MS Fire Protection, a fire sprinkler servicer based in Fresno, California.

🚀 **Special Aerospace Services,** aSpace and defense solutions provider, [acquired ](https://www.govconwire.com/2024/10/sas-concordia-technologies-acquisition/?ref=newsletters.qs.com)Concordia Technologies, a Hypersonic missile manufacturer that allows SAS to support national security missions.  
[](https://www.facebook.com/sharer.php?u=https%3A%2F%2Ftech.eu%2F2024%2F10%2F28%2Forigin-defence-tech%2F)[](https://twitter.com/intent/tweet?text=Origin+secures+%E2%82%AC4M+for+battlefield-tested+algorithmic+weapons+systems&url=https%3A%2F%2Ftech.eu%2F2024%2F10%2F28%2Forigin-defence-tech%2F&via=tech%5Feu&ref=newsletters.qs.com)[](https://www.linkedin.com/cws/share?url=https://tech.eu/2024/10/28/origin-defence-tech/&ref=newsletters.qs.com)

**⚔️ Origin**, a Lativia-based defense technology company, raised [$4.3M](https://tech.eu/2024/10/28/origin-defence-tech/?ref=newsletters.qs.com) from Change Venture & Silicon Roundabout Ventures for battlefield-tested algorithmic weapons systems.

## 💻 Technology  

🔐 **Armis,** a cybersecurity company, raised a [$200M Series D](https://fintech.global/2024/10/30/armis-secures-200m-in-series-d-funding-eyes-ipo-with-a-4-2bn-valuation/?ref=newsletters.qs.com) from General Catalyst and Alkeon Capital, increasing its valuation to $4.3B as it aims for a potential initial public offering.

🔍 **Zenity,** a security governance platform, raised a [$38M Series B](https://www.darkreading.com/application-security/zenity-raises-38m-series-b-funding-round-to-secure-agentic-ai?ref=newsletters.qs.com) from Third Point Ventures and DTCP to grow the team across product, engineering, sales, and marketing, as well as launching a partner program

🕵️ **Stream. Security,** a cybersecurity company, raised a [$30M Series B](https://www.scworld.com/brief/stream-security-raises-30-million-in-series-b-funding?ref=newsletters.qs.com) for its Cloud Twin technology that helps detect cloud threats.

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