Asia

MUFG Bank plans to invest $300 million in Indian startups through the new MUFG Ganesha Fund. Through this fund, MUFG Bank will invest in middle- to late-stage Indian startups. In the future, the bank will aim to leverage its group strengths to provide a wide range of financial services to its portfolio companies.

Nothing has raised a $70 million Series B fundraise co-led by EQT Ventures and C Ventures. The round also saw the participation from GV, Tony Fadell’s Future Shape, Gaorong Capital and Animoca Brands. The new funding will go towards scaling its product ecosystem and establishing its London Design Hub.

Emeritus has secured $350 million in debt financing from Canada Pension Plan Investment Board CPP Investments through its subsidiary CPPIB Credit Investments Inc. This funding will be used by Emeritus to fuel mergers and acquisition as part of a robust global growth strategy.

Captain Fresh has raised $50 million in a Series C investment round co-led by Prosus Ventures and Tiger Global, both existing investors. Other participants in this round also included existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund.

ElevationSpace Inc. has raised seed funding of $2.7 million from six investors, bringing its total raise to approximately $3 million. Its seed round investors included Genesia Ventures, Inc., Plug and Play Japan, Tohoku University Venture Partners Co. Ltd, Innovations and Future Creation Inc, MAKOTO Capital Co., Ltd. and Leave a Nest Capital.

Taiwan-based conversation management tool Cooby announced Tuesday that it has raised $2.9 million to date led by Sequoia India’s Surge and Pear VC.

Otipy has raised Rs235 crores ($32 million) in its Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round. These fresh funds have come in six months for Otipy, after its series A funding of Rs76 crores ($10.2 million). The funding will help the startup to further strengthen its supply chain,…

Canner has raised a total of $3.5 million in a Series Pre-A funding round. Led by Taiwania Capital, the funding round was also participated in by global venture capital firm Hive Ventures and SparkLabs Taipei. Canner will use this funding to accelerate product development, expand local and international marketing efforts, and grow its internal teams.

Immutable has secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also joined the round as new investors. King River…

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…