Peak XV raises Surge seed investment ceiling to $5M and announces 18-startup Surge 12 cohort
Peak XV Partners increased the per-startup investment ceiling for its Surge seed program from $3M to up to $5M and unveiled Surge 12, an 18-company cohort. The firm says it invested more than $50M across the cohort (which has raised over $90M total), and the batch spans AI, robotics, space, healthcare, fintech and other sectors with a more global footprint than prior cycles.