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# 🚢 Overseas Shipholding Acquired. 200M+ VC Funding.
- URL: https://newsletters.qs.com/overseas-shipholding-acquired-200m-vc-funding/
- Published: 2024-07-11T12:51:45.000Z
- Updated: 2024-07-11T12:51:45.000Z
- Description: Impact Capital Markets #134 looks at major impact deals, M&A, and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Halló**](https://en.wikipedia.org/wiki/Icelandic%5Flanguage?ref=newsletters.qs.com)❄️

📈 **Today's Global Economic Update:** In May 2024, the British economy [grew by 0.4% MoM](https://www.ons.gov.uk/?ref=newsletters.qs.com) after remaining flat in April, exceeding the forecasted 0.2% increase. This growth was due to improvements in retail, construction, and manufacturing. The services sector increased by 0.3%, and construction output rose by 1.9%.

🚀 **Deal of the Day:** X-Bow, a New Mexico-based space technology company, raised a [$70M Series B](https://www.finsmes.com/2024/07/x-bow-raises-more-than-70m-in-series-b-funding.html?ref=newsletters.qs.com#google%5Fvignette) to accelerate product growth and expand engineering and R&D facilities.

**What's New?** 
  
**💰 Funding.** Space technology, cardiac health, fintech + more  
💼 **M&A.** Maritime transport, AI labs, and data capture software  
📅 **Economics.** US Inflation, UK GDP, balance of trade + more

## **💰** Funding

## 

🚀 **X-Bow**, a New Mexico-based space technology company, raised a [$70M Series B](https://www.finsmes.com/2024/07/x-bow-raises-more-than-70m-in-series-b-funding.html?ref=newsletters.qs.com#google%5Fvignette) from Razor's Edge to accelerate product growth and expand engineering and R&D facilities.  
  
🫀 **Adona Medical**, a California-based heart failure intervention innovator, raised a [$33.5M Series C](https://www.medicaldevice-network.com/news/adona-funding-clinical-use-interatrial-shunt/?ref=newsletters.qs.com) from Cormorant Asset Management and TCP Health Ventures to support product development.

🪙 **Payabli**, a Florida-based payments infrastructure company, raised a [$20M in Series A](https://pulse2.com/payabli-payments-infrastructure-company-secures-20-million-in-series-a/?ref=newsletters.qs.com) from Uncorrelated Ventures to accelerate growth and product development.

💓 **Octagos Health**, a Texas-based cardiac monitoring solutions provider, raised a [$43M in Series B](https://www.finsmes.com/2024/07/octagos-health-raises-over-43m-in-series-b-funding.html?ref=newsletters.qs.com) from Morgan Stanley Expansion Capital to enhance its platform and expand operations.

## **💼** M&A

## 

🚢 **Saltchuk**, a Washington-based transportation and distribution company, [acquired](https://gcaptain.com/saltchuk-completes-acquisition-of-overseas-shipholding-group-for-950-million/?ref=newsletters.qs.com) Overseas Shipholding Group for $950M, a Florida-based maritime transport company.

🖥️ **AMD**, a California-based semiconductor company, [acquired](https://www.forbes.com/sites/marcochiappetta/2024/07/10/amd-to-acquire-silo-ai-to-accelerate-the-companys-ai-ambitions/?ref=newsletters.qs.com) Silo AI for $665M, a Finnish AI lab.

📊 **BlueConic**, a Massachusetts-based customer data platform, [acquired](https://www.finsmes.com/2024/07/blueconic-acquires-jebbit.html?ref=newsletters.qs.com) Jebbit, a Massachusetts-based first-party data-capture software company. 

## **📅** Economic Calendar

US Inflation, Balance of Trade + More

### Thursday, July 11th 2024

🇺🇸 [US Core Inflation Data, June](https://www.bls.gov/?ref=newsletters.qs.com)  
🇺🇸 [US Inflation Data, June](https://www.bls.gov/?ref=newsletters.qs.com)

### Friday, July 12th 2024

🇺🇸 [US PPI Data, June](https://www.bls.gov/?ref=newsletters.qs.com)  
🇺🇸 [US Michigan Consumer Sentiment (Preliminary), July](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com)  
🇨🇳 [China Balance of Trade, June](http://www.customs.gov.cn/?ref=newsletters.qs.com)

### Tuesday, July 16th 2024

🇩🇪 [ZEW Economic Sentiment Index, July](https://www.zew.de/?ref=newsletters.qs.com)  
🇨🇦 [Inflation Data, June](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
🇺🇸 [Retail Sales, June](https://www.census.gov/?ref=newsletters.qs.com)

### Wednesday, July 17th 2024

🇬🇧 [Inflation Data, June](https://www.ons.gov.uk/?ref=newsletters.qs.com)  
🇺🇸 [Building Permits (Preliminary), June](https://www.census.gov/?ref=newsletters.qs.com)  
 🇯🇵 [Balance of Trade, June](https://www.mof.go.jp/english/index.htm?ref=newsletters.qs.com)

### Thursday, July 18th 2024

🇬🇧 [Employment Data, May](https://www.ons.gov.uk/?ref=newsletters.qs.com)  
🇪🇦 [Deposit Facility Data](https://www.ecb.europa.eu/home/html/index.en.html?ref=newsletters.qs.com)  
🇪🇦 [ECB Interest Rate Decision](https://www.ecb.europa.eu/home/html/index.en.html?ref=newsletters.qs.com)  
🇯🇵 [Inflation Data, June](https://www.stat.go.jp/?ref=newsletters.qs.com)

### Friday, July 19th 2024

🇬🇧 [Retail Sales, June](https://www.ons.gov.uk/?ref=newsletters.qs.com)

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

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