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# 💰 KKR To Acquire Instructure For $4.8B. 400M + VC Funding.
- URL: https://newsletters.qs.com/kkr-to-acquire-instructure-for-4-8b-400m-vc-funding/
- Published: 2024-07-26T12:34:21.000Z
- Updated: 2024-07-26T12:34:21.000Z
- Description: Impact Capital Markets #145 looks at major deals and M&A in impact industries, and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Sawubona**](https://en.wikipedia.org/wiki/Zulu%5Flanguage?ref=newsletters.qs.com) 🦁

📈 **Today's Global Economic Update:** The consumer sentiment index in Germany, [increased to -18.4 points](https://www.gfk.com/de/home?ref=newsletters.qs.com) in August from -21.6 in July. The increase is likely driven by higher income expectations for the next 12 months, the highest since October 2021.

🖥️**Deal of the Day:** Chainguard, a Washington-based cybersecurity company, raised a [$140M Series C](https://www.finsmes.com/2024/07/chainguard-raises-140m-in-series-c-funding.html?ref=newsletters.qs.com) to expand operations and its development efforts.

**What's New?**  
📚 **Education.** EdTech  
**🌍 Climate.** ClimateTech, EV + more  
**💻 Technology**. Cybersecurity  
**🩺 Health.** Nutrition, imaging + more  
📅 **Economics.** Euro Area GDP, US Fed interest, inflation data + more

## 📚 Education

  
**💰 KKR**, a New York-based private equity firm, [acquired](https://finimize.com/content/kkr-co-takes-instructure-private-for-48-billion?ref=newsletters.qs.com) Instructure for $4.8B, a Utah-based learning technology company.

## **🌍** Climate  

**💨 Cyan Renewables**, an offshore wind vessel operator, [acquired](https://www.energyconnects.com/news/renewables/2024/july/vessel-firm-s-700-million-takeover-targets-wind-s-ship-shortage/?ref=newsletters.qs.com) MMA Offshore Ltd for $702M to address the ship shortage in the wind industry.  
  
**🚗 Applied Intuition**, an autonomous vehicle software startup, raised [$300M](https://www.finsmes.com/2024/07/applied-intuition-raises-over-300m-in-secondary-round.html?ref=newsletters.qs.com) in a secondary round from Fidelity Management & Research Company to expand their product portfolio.

**🌦️ First Street**, a climate risk modeling company, raised a [$46M Series A](https://www.axios.com/2024/07/25/climate-risk-company-raises-46-million?ref=newsletters.qs.com) from Innovation Endeavors to expand its modeling capabilities globally.

**🔋 Addionics**, a UK-based cost-efficient EV battery developer, raised a [$39M Series B](https://www.finsmes.com/2024/07/addionics-raises-39m-in-series-b-funding.html?ref=newsletters.qs.com) from GM Ventures and Deep Insight to expand its manufacturing capabilities.

## **💻** Technology  

 🖥️ **Chainguard**, a Washington-based cybersecurity company, raised a [$140M Series C](https://www.finsmes.com/2024/07/chainguard-raises-140m-in-series-c-funding.html?ref=newsletters.qs.com), the company intends to use the funds to expand operations and its development efforts.

## 🩺 Health

## 

**👩‍🔬 Confo Therapeutics**, a Belgian biotech company, raised a [$65M Series B](https://european-biotechnology.com/latest-news/confo-therapeutics-closes-e60m-series-b-financing/?ref=newsletters.qs.com) from Ackermans & van Haaren to advance its clinical programs targeting rare endocrine diseases and obesity.

**💪 Maurten**, a Swedish sports nutrition company, raised [$21.7M](https://www.finsmes.com/2024/07/maurten-raises-e20m-in-funding.html?ref=newsletters.qs.com#google%5Fvignette) from IRIS Ventures to solve problems that limit athletic performance and to redefine athletic performance through innovation in sports nutrition.

🔬 **Scopio Labs**, an Israeli digital cell imaging and analysis platform, raised a [$42M Series D](https://www.finsmes.com/2024/07/scopio-labs-raises-42m-in-funding.html?ref=newsletters.qs.com#google%5Fvignette) from Fortissimo Capital to to accelerate its market penetration and expand its global footprint.

## **📅** Economic Calendar

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

### Friday, July 26th 2024

[🇺🇸 US Core PCE Price Index](https://www.bea.gov/?ref=newsletters.qs.com)  
[🇺🇸 US Personal Income & Spending Data](https://www.bea.gov/?ref=newsletters.qs.com)

### 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)

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

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