Peak XV picks 18 startups for Surge 12 accelerator
Peak XV Partners has announced its twelfth Surge accelerator cohort, bringing in 18 startups from India, Southeast Asia, and the US. Each startup gets up to $3 million in seed funding plus access to workshops and peer networks. Three companies are in stealth mode. This is also the first cohort under Surge’s new higher investment ceiling, now up to $5 million per startup, according to TechCrunch.
- 18 startups in cohort from India, Southeast Asia, US
- Each startup eligible for up to $5M seed (previously $3M)
- Sectors include AI, robotics, space, health, fintech, music
- Three selected companies remain in stealth mode
- Peak XV oversees $9B across 13 funds
Sources covering this
More in Startups
EliseAI raises $350 million at $4 billion valuation
AI startup EliseAI, which builds software to automate tedious admin work for landlords and healthcare providers, just raised $350 million.
Agentic AI startups in Europe raise €7.9bn this year
Agentic AI startups in Europe have pulled in €7.9 billion so far this year, already beating last year's €7 billion total.
Samsung invests $1 billion in Helix Digital's AI infrastructure
Samsung and its affiliates are putting $1 billion into Helix Digital Infrastructure, the KKR- and Nvidia-backed company building…
Rayon raises €10M to expand browser-based design software
Rayon, which builds browser-based drawing tools for interior designers, has closed a €10 million Series A raise led by Partech.