A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

Funds

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.

Deals

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.