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# ⛽ Helmerich & Payne Acquiring KCA Deutag For 1.9B. 50M+ VC Funding.
- URL: https://newsletters.qs.com/helmerich-payne-acquiring-kca-deutag-for-1-9b-50m-vc-funding-2/
- Published: 2024-07-29T12:08:02.000Z
- Updated: 2024-07-29T12:08:02.000Z
- Description: Daily Impact Deals #146 looks at major deals and M&A in impact industries, and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Ahoj**](https://en.wikipedia.org/wiki/Ahoy%5F%28greeting%29?ref=newsletters.qs.com) 🍺

📈 **Today's Global Economic Update:** The Bank of Canada has [reduced its key policy rate by 25 basis points](https://www.bankofcanada.ca/?ref=newsletters.qs.com) for the second consecutive month, lowering it to 4.5%. It indicated that more cuts could follow if inflation continues to decline.

**💊 Deal of the Day:** ReviR Therapeutics, a California-based biotechnology company, raised a [$30M Series A](https://www.venturecapitaljournal.com/revir-therapeutics-lands-30m-series-a/?ref=newsletters.qs.com) to advance its proprietary oral genetic medicines.

**What's New?** 
**🌍 Climate.** Energy, oil & gas   
**🩺 Health.** Monitoring, biotech  
📅 **Economics.** Euro Area GDP, US Fed interest, inflation data + more

## **🌍** Climate

  
**⚡ Greenely**, a Stockholm-based energy company, raised a [$8.7M Series A](https://www.eu-startups.com/2024/07/stockholm-based-greenely-secures-e8-million-to-reshape-how-households-interact-with-the-energy-market/?ref=newsletters.qs.com) funding led by a Belgian investment firm to expand operations.  
  
**☢️ Kyoto Fusioneering**, a Japanese company developing key components for fusion reactors, raised a [$7.2M Series C](https://thebridge.jp/en/2024/07/kyoto-fusioneering-series-c2-round-funding?ref=newsletters.qs.com) extension round led by US venture capital firm Lux Capital to accelerate investment in tech development.  
  
🛢️ **Helmerich & Payne**, an Oklahoma-based company drilling oil and gas company, is [acquiring](https://ogv.energy/news-item/aberdeenshire-firm-kca-deutag-acquired-in-2billion-deal?ref=newsletters.qs.com) KCA Deutag for $1.9B, an Aberdeenshire-based drilling services firm.

## 🩺 Health

  
**💊 ReviR Therapeutics**, a California-based biotechnology company, raised a [$30M Series A](https://www.venturecapitaljournal.com/revir-therapeutics-lands-30m-series-a/?ref=newsletters.qs.com) from Lapam Capital to advance its proprietary oral genetic medicines for multiple CNS disorders.  
  
**📉 CoachCare**, a New York-based remote patient monitoring (RPM) and virtual care management company raised [$48M](https://www.prnewswire.com/news-releases/coachcare-announces-48-million-investment-led-by-integrity-growth-partners-302207055.html?ref=newsletters.qs.com) from Integrity Growth Partners to remain founder-led while leveraging strategic support and resources.

## **📅** Economic Calendar

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

### 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)

### 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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