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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

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Sequoia Capital India closes $195M seed fund

has $195 million for a new seed fund that will back entrepreneurs across India and Southeast Asia. The new fund closing comes two years after Sequoia raised the same amount for its last seed fund for the region.

The fund is tied to the firm’s program, a pre-Series A offering $1 million to $2 million of capital along with company-building help and mentorship. Sequoia says that to date, 30 of the 52 startups from the first three cohorts of Surge have gone on to raise a total of $390 million in follow-on capital after the program.

— Joanna Glasner

Funding rounds

Nuro raises strategic financing: , a developer of robotics-enabled autonomous delivery vehicles, announced new investments from ,  and other new investors. The financing is the first investment by Woven Capital, a newly established growth-stage fund from , a Toyota subsidiary. The new investors joined as part of Silicon Valley-based Nuro’s recently closed Series C round.

—ÌýJoanna Glasner

Fintech startup Greenwood lands $40M: Atlanta-based , a digital banking platform focused on Black and Latino individuals and business owners, it has closed $40 million of Series A funding from a long list of backers including most of the largest U.S. banks, two leading payment technology companies, and multiple venture backers. The fundraise was led by Truist Ventures, the corporate venture capital division of .

—ÌýJoanna Glasner

Linktree closes $45M Series B: Melbourne, Australia-based raised a $45 million Series B by and with participation from returning investors and . Linktree’ platform enables easier social commerce for brands, artists, publishers and others, while helping curate their online presence. The company has raised a total of $55.7 million to date, according to Crunchbase data.

— Chris Metinko

Cybersecurity

Morphisec closes new $31M round: Cybersecurity company closed a $31 million round led by . The round included participation by other existing investors including and . The Israel-based company provides endpoint protection for workstations, servers and cloud workloads. Founded in 2014, the company has now raised $50 million to date, according to Crunchbase data.

— Chris Metinko

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