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# 🧑‍🏫 Physics Wallah Raised A $210M Series B. $590M+ VC Funding.
- URL: https://newsletters.qs.com/physics-wallah-raised-a-210m-series-b-590m-vc-funding/
- Published: 2024-09-20T11:25:36.000Z
- Updated: 2024-09-20T11:25:36.000Z
- Description: Daily Impact Deals #185 looks at major deals and M&A in impact industries and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Hei**](https://en.wikipedia.org/wiki/Finnish%5Flanguage?ref=newsletters.qs.com)🏔️

📈 **Today's Global Economic Update:** US building permits increased by [4.9% to 1.475M in August 2024, ](https://www.census.gov/?ref=newsletters.qs.com)the highest in five months. Approvals for multi-family units increased by 8.4%, while single-family authorizations increased by 2.8%. Permits increased across most regions, except for a slight decline in the West.

🧑‍🏫 **Deal of the Day:** Physics Wallah, an edtech company, has raised a [$210M Series B](https://techcrunch.com/2024/09/19/indias-physics-wallah-raises-210m-at-2-8b-valuation-even-as-edtech-funding-remains-scarce/?ref=newsletters.qs.com) to scale operations, with a focus on consolidating the education market

**What's New?**  
📚 **Education.** Edtech and AI tools  
**🌍 Climate.** Mobility, electric motors + more  
**💻 Technology.** Cybersecurity  
📅 **Economics.** Japan BoJ interest, US GDP data, retail sales + more

## 📚 Education

🧑‍🏫 **Physics Wallah,** an ed-tech company, has raised a [$210M Series B](https://techcrunch.com/2024/09/19/indias-physics-wallah-raises-210m-at-2-8b-valuation-even-as-edtech-funding-remains-scarce/?ref=newsletters.qs.com) led by Hornbill Capital to scale operations, with a focus on consolidating the education market.   
  
**🎓 Brisk Teaching,** a California-based company that provides AI-powered tools for education, raised a [$6.9M Seed](https://www.vcaonline.com/news/2024091804/brisk-teaching-raises-6-9m-in-funding-for-ai-education-tool-and-unveils-brisk-boost-ai-powered-activities-for-students/?ref=newsletters.qs.com) from Owl Ventures and used these funds for their tools and on new products.

## **🌍** Climate

  
**💨 Twelve**, a carbon transformation company, raised a [$200M Series A](https://www.finsmes.com/2024/09/twelve-raises-645m-in-funding.html?ref=newsletters.qs.com) from TPG to scale its technology that converts captured carbon dioxide into valuable chemicals, fuels, and other products.  
  
**🚗 DeepDrive**, a Munich-based electric motor startup, raised a [$33.4M Series B](https://www.finsmes.com/2024/09/deepdrive-raises-e30m-in-series-b-funding-round.html?ref=newsletters.qs.com) from Leitmotif to scale and industrialize its drive production capacities.  
  
**🚕 Everest Fleet,** an Indian shared mobility startup raised a [$30M Series C ](https://entrackr.com/2024/09/exclusive-uber-invests-30-mn-in-everest-fleet-at-425-mn-valuation/?ref=newsletters.qs.com)from Uber, to expand operations.

## **💻** Technology

## 

**🔏 Patrowl,** a French cybersecurity firm, raised a [$12.2M Series A](https://www.finsmes.com/2024/09/patrowl-raises-e11m-in-series-a-funding.html?ref=newsletters.qs.com#google%5Fvignette) to expand across European markets and its R&D efforts.

## **📅** Economic Calendar

Japan BoJ Interest, US GDP Data, Retail Sales+ More

### Friday, September 20th 2024

[🇯🇵 Japan BoJ Interest Rate Decision](https://www.boj.or.jp/?ref=newsletters.qs.com)  
[🇬🇧 UK Retail Sales Data, August](http://www.ons.gov.uk/?ref=newsletters.qs.com)

### Monday, September 23rd 2024

[🇩🇪 Germany HCOB Manufacturing PMI (Flash), September](https://www.pmi.spglobal.com/public?ref=newsletters.qs.com)

### Tuesday, September 24th 2024

[🇩🇪 Germany Ifo Business Climate](https://www.ifo.de/?ref=newsletters.qs.com)  
[🇦🇺 Australia Monthly CPI Indicator, August](https://www.abs.gov.au/?ref=newsletters.qs.com)

### Thursday, September 26th 2024

[🇩🇪 Germany GfK Consumer Confidence](https://www.gfk.com/de/?ref=newsletters.qs.com)  
[🇺🇸 US Durable Goods Orders Data](https://www.census.gov/?ref=newsletters.qs.com)  
[🇺🇸 US GDP Growth Data, Q2](http://www.bea.gov/?ref=newsletters.qs.com)

### Friday, September 27th 2024

[🇫🇷 France Inflation Data (Preliminary), September](https://www.insee.fr/fr/accueil?ref=newsletters.qs.com)  
[🇺🇸 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)

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