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# 💰 Global Impact Deals #3
- URL: https://newsletters.qs.com/global-impact-deals-3/
- Published: 2024-11-08T11:55:03.000Z
- Updated: 2024-11-15T08:39:21.000Z
- Description: This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From electric aerospace innovations to AI-driven learning tools, discover the key transactions and trends making waves in Education, Climate, Health, and Technology.
- 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 electric aerospace innovations to AI-driven learning tools, discover the key transactions and trends making waves in Education, Climate, Health, and Technology.

✈️ **Deal of the Week:** BETA Technologies, an electric aerospace company, raised a [$318M Series C](https://www.esgtoday.com/electric-aircraft-company-beta-technologies-raises-318-million/?ref=newsletters.qs.com) to support continued production, certification, and commercialization of its electric-powered aircraft.

**What's New?**  
📚 **Education.** Edtech, conversational AI tutor & career services  
**🌍 Climate.** Aerospace, autonomous driving & chemicals  
**🏥 Health.** Biopharma & health tech  
**🪐 Space and Defense.** Space tech, drone tech & security  
💻 **Technology.** Marketing technology & robot artificial intelligence

## **📚** Education

## 

**📖 Crimson Education,** a New Zealand education startup, raised a [$47M Series D](https://www.edtechreview.in/news/crimson-education-raises-series-d-round-to-empower-students/?ref=newsletters.qs.com) from Movac to expand its offerings.

**👶 Buddy.ai,** a Montenegro-based conversational AI tutor for kids, raised a [$11.1M seed](https://www.edtechreview.in/news/crimson-education-raises-series-d-round-to-empower-students/?ref=newsletters.qs.com) from BITKRAFT Ventures to enhance AI tech, boost interactive features, and expand school partnerships for AI-driven learning.

**🎓 Springshare,** a leading EdTech vendor, [acquired](https://blog.springshare.com/2024/10/31/springshare-acquires-careershift/?ref=newsletters.qs.com) CareerShift, a software platform that helps students with job search, career, and company research.

## **🌱** Climate

## 

🧪 **Nippon Paint,** a Japanese company, has [acquired ](https://www.european-coatings.com/news/markets-companies/nippon-paint-acquires-aoc-for-eur-2-1-billion/?ref=newsletters.qs.com)AOC, a specialty chemicals company, for $2.3B to expand its product portfolio in the specialty chemicals sector.

✈️ **BETA Technologies,** an electric aerospace company, raised a [$318M Series C](https://www.esgtoday.com/electric-aircraft-company-beta-technologies-raises-318-million/?ref=newsletters.qs.com) from QIA to support continued production, certification, and commercialization of its electric-powered aircraft.

**🚗** **DeepRoute.ai,** a Chinese autonomous driving technology developer, raised [$100M](https://www.just-auto.com/news/deeproute-ai-raises-a-further-us100m-steps-up-roll-out/?ref=newsletters.qs.com) in funding from an unnamed automaker.

## **🏥** Health

## 

🧬 **Neurogene,** a biopharmaceutical company, has secured [$200M](https://www.biopharmadive.com/news/neurogene-pipe-financing-rett-syndrome/731886/?ref=newsletters.qs.com) in funding ahead of the anticipated readout of a study.

🔬 **Evommune,** a health technology company, raised a [$115M Series C](https://www.crainsnewyork.com/health-pulse/evommune-raises-115m-series-c?ref=newsletters.qs.com) to advance clinical trials for its oral and injectable medications.

💉 **Elektrofi, Inc.**, a biopharmaceutical delivery technology company, raised a [$112.25M Series C](https://www.citybiz.co/article/620822/elektrofi-closes-112-25-million-series-c-financing/?ref=newsletters.qs.com) to support the establishment of Ph3 and commercial-scale GMP manufacturing lines.

## **🪐** Space and Defense 

## 

🛰️ **GalaxEye,** a space tech startup, raised a [$10M Series A](https://www.tice.news/tice-dispatch/galaxeye-secures-10-million-in-series-a-funding-7459763?ref=newsletters.qs.com) from MountTech and Infosys to accelerate the development of its cutting-edge satellite technology.

**🚁 Marut Drones,** a Hyderabad-based drone technology company, raised a [$6.2M Series A](https://bwdisrupt.com/article/marut-drones-bags-62-mn-in-series-a-to-strengthen-product-development-538266?ref=newsletters.qs.com) from Lok Capital to increase its manufacturing capacity to 3,000 drones per year.

🔒 **Global K9 Protection Group,** a security company, [acquired](https://www.stattimes.com/air-cargo/global-k9-protection-acquires-canine-screening-provider-dog-detectives-1353612?ref=newsletters.qs.com) Dog Detectives, a canine screening provider, marking its entry into the European market and paving the way for further international expansion.

## 💻 Technology  

🌐 **Siemens,** a German multinational technology, [acquired ](https://www.manufacturing.net/software/news/22925376/siemens-acquires-altair-engineering?ref=newsletters.qs.com)Altair Engineering, a leading industrial simulation and analysis software provider, for $10B. 

💼 **Insider,** a Turkish marketing technology company, raised a [$500M Series E](https://www.martechcube.com/insider-announces-500m-series-e-led-by-general-atlantic/?ref=newsletters.qs.com) from General Atlantic to develop its next-generation marketing software offering

🤖 **Crusoe Energy,** an AI startup, raised [$500M](https://news.bitcoin.com/ai-startup-backed-by-billionaire-peter-thiels-founders-fund-raises-500-million/?ref=newsletters.qs.com) in funding, valuing the company at $3B, to accelerate its AI infrastructure.

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