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# 🎒 K12 up 70%, $100M+ Funding
- URL: https://newsletters.qs.com/k12-up-70-100m-funding/
- Published: 2024-01-11T09:30:35.000Z
- Updated: 2024-01-11T09:30:35.000Z
- Author: QS
- Tags: Deals

For over 5 years, [HolonIQ](https://www.holoniq.com/?ref=newsletters.holoniq.com) has been tracking and analyzing Impact Capital Markets, Foundations and Philanthropies, Venture and Growth Capital, Private Equity and Public Markets.  
  
Now, with more than 50 stock indices being tracked, we're kicking off 2024 with a new daily newsletter for data-driven, global leaders looking to understand trends in strategic industries.  
  
**Today's Topics**

- 📚 **K12\.** K12 index jumps 70% in 6 months
- **💰 Funding.** $100M+ for water testing, biotech and more
- 💼 **Acquisitions.** Medical tech, pharma data and infrastructure
- 📅 **Economics.** Trade, GDP and Inflation data coming up

Have feedback or ideas for us? Email hello@holoniq.com— we'd love to hear from you!

## 📚 **K12 Index grows by over 70% in 6 months**

**HolonIQ K12 Index:** The index, which includes businesses that offer educational software, online learning environments, and other goods and services associated with education, posted a strong growth of over 70% in the last six months. A variety of reasons, including the growing popularity of blended learning methods, may point to strong success. Notable events during this period include the New Jersey Department of Education approving a pre-qualified tutoring provider, Nerdy’s Varsity Tutors, as the 2023/24 High-Impact Tutoring Program. The provider of cloud-based software for K12, PowerSchool, partnered with AMISA on November 28 for the expansion of PowerSchool’s channel partner program in Latin America. In addition, Instructure struck a partnership with Khan Academy to create an AI-powered tutoring and teaching assistant tool. 

![](https://lh7-us.googleusercontent.com/5b7XNqtkSFYmkNY1NL_i3UaGbinIPe4_I46NeXkkBlsCQ68Nw2XT5RApSGw5s7Zh-70EO2Sfq_5cNG9BruPAs9aki2s1HD4ZW2sxUZgWCHx7Y4qwmJDobJIfN1zYCd8XqNhH6xGNZ80a8DTv3viYdIY)

## **💰 Funding**

**🌊 120Water**, a Indiana based developer of a subscription-based water testing platform, raised [$43M](https://120water.com/120water-secures-growth-investment-led-by-edison-partners/?ref=newsletters.qs.com) from Allos Ventures, to further expand the team, technology investments, and go-to-market efforts.  
  
**🔬 Myrobalan Therapeutics**, a Massachusetts based biotechnology company, raised a [$24M Series A ](https://www.finsmes.com/2024/01/myrobalan-therapeutics-closes-24m-series-a-financing.html?ref=newsletters.qs.com)from Co-win Ventures, to use the funds to advance its first program addressing therapies for neurological conditions.  
  
**🌱 Enifer**, a Finland-based biotech startup, secured a [$13M Grant](https://www.finsmes.com/2024/01/enifer-secures-over-e12m-grant.html?ref=newsletters.qs.com) from NextGenerationEU, to build a first-of-its-kind mycoprotein ingredient factory.  
  
🔄 **Resynergi**, a California - based leader in plastic recycling technology, raised a [$6.4M Series B](https://www.finsmes.com/2024/01/resynergi-raises-6-4m-in-series-b-funding.html?ref=newsletters.qs.com) from Transitions First (T1ST) & Lummus Technology to scale production of its modular Continuous Microwave Assisted Pyrolysis (CMAP) technology, and to expand its executive team to drive growth.  
  
🦷 **Peerlogic**, a Scottsdale, AZ-based AI-driven technology company servicing dental offices, raised a [$5.65M Seed](https://www.finsmes.com/2024/01/peerlogic-raises-5-65m-in-funding.html?ref=newsletters.qs.com) from AZ-VC, to scale its impact through expansion of innovative product solutions, enhancement of Large Language Model (LLM), and development of advanced call analytics and engagement tools.

## 💼 Acquisitions

🔍 **Karl Storz**, a Germany based endoscopy equipment manufacturer, [acquired](https://finance.yahoo.com/news/karl-storz-acquires-british-ai-162100204.html?ref=newsletters.qs.com) Innersight Labs, a UK based innovative software manufacturer. The parties have agreed not to disclose the purchase price.

⚡ **Energy Capital Partners (ECP)**, a New-Jersey based leading infrastructure investor, [acquired](https://www.ecpgp.com/insights/energy-capital-partners-acquires-triple-oak-power?ref=newsletters.qs.com) Triple Oak Power, a Oregon based renewable project developer with a development pipeline exceeding 8 GW.

💊 **Evaluate**, a UK based pharmaceutical insights provider, [acquired](https://www.globenewswire.com/en/news-release/2024/01/10/2807051/0/en/Evaluate-a-Norstella-company-announces-acquisition-of-J-D-Forecasting.html?ref=newsletters.qs.com) J+D Forecasting, a UK based leading provider of forecasting solutions for the pharmaceutical industry.

## **📅 Economic Calendar**

Anticipate key economic indicators focusing on Balance of Trade, GDP, and Inflation.

### **Thursday, January 11th 2024**

🇦🇺 Australia - Balance of Trade, November  
🇺🇸 US - Core Inflation Rate MoM, December  
🇺🇸 US - Core Inflation Rate YoY, December  
🇺🇸 US - Inflation Rate MoM, December  
🇺🇸 US - Inflation Rate YoY, December

### **Friday, January 12th 2024**

🇨🇳 China - Inflation Rate YoY, December  
🇨🇳 China - Balance of Trade, December  
🇬🇧 UK - GDP MoM, November  
🇺🇸 US - PPI MoM, December

### **Monday January 15th 2024**

🇩🇪 Germany - Full Year GDP Growth, 2023

### **Tuesday January 16th 2024**

🇦🇺 Australia - Westpac Consumer Confidence Change, January  
🇬🇧 UK - Unemployment Rate, November  
🇩🇪 Germany - ZEW Economic Sentiment Index, January  
🇨🇦 Canada - Inflation Rate YoY, December

### **Wednesday January 17th 2024**

🇨🇳 China - GDP Growth Rate YoY, Q4  
🇨🇳 China - Industrial Production YoY, December  
🇬🇧 UK - Inflation Rate YoY, December  
🇺🇸 US - Retail Sales MoM, December

### **Thursday January 18th 2024**

🇺🇸 US - Building Permits Prel, December  
🇯🇵 Japan - Inflation Rate YoY, December  
🇬🇧 UK - Retail Sales MoM, December  
🇺🇸 US - Michigan Consumer Sentiment Prel, January

### **Friday January 19 2024**

🇯🇵 Japan - Inflation Rate YoY, December  
🇬🇧 UK - Retail Sales MoM, December  
🇺🇸 US - Michigan Consumer Sentiment Prel, January