A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
CIC joins Japanese banks for $1.8bn fund
Nomura Holdings, Daiwa Securities, Mitsubishi UFJ, Sumitomo Mitsui Financial and Mizuho Financial will aim to raise up to $1.78bn for the fund, in partnership with China Investment Corporation.
Astroscale captures $50m series D
Mitsubishi Estate, Koei Tecmo and INCJ have backed a $50m series D for space junk removal service Astroscale that almost doubled its total funding to $102m.
Pavilion leads Airobotics’ $30m series D round
The Israeli drone startup has taken its total capital raised past the £100m mark with the deal, which will help scale up operations in the US and Australia.
EU-backed fund helps deliver $1.1m investment to Parsons Containers
North East Development Capital Fund and the Finance Durham Fund have joined forces to finance the UK-based shipping container company.
Orchard IPO bears $200m of fruit
GSK, Sphera Global and Temasek-backed gene therapy developer Orchard Therapeutics raised $200m in an offering that could possibly close at $230m.
General Fusion gets more than $37m in government deal
Canadia’s Strategic Innovation Fund has invested $37.6m in the fusion power technology developer, which had previously raised more than $83m from investors including Cenovus.
Arctic Wolf hunts down $45m in funding
The cybersecurity services provider almost doubled its overall funding to more than $90m in a round led by Australia’s Future Fund.
Milestone Pharmaceuticals pumps in $80m
Novo has returned for Milestone’s latest round, having led its $55m series C last year, helping the cardiovascular drug developer’s total funding to $167m.
Tado fires up $50m round
Amazon, EIB and Čez Group have backed a $50m funding round for smart thermostat manufacturer Tado that nearly doubled its equity to $102m.