Peak XV raises Surge investment ceiling to $5M per startup
Image: Primary Peak XV Partners has raised the investment ceiling for its Surge seed program to $5M per startup from $3M and introduced an 18-company cohort, the first under the higher limit. The firm invested more than $50M across the group, which has collectively raised over $90M in seed funding, according to Peak XV.
The cohort spans AI, robotics, space, healthcare and other fields. At least three companies had already raised outside funding before joining Surge. Peak XV said its median investment also increased, but declined to give that figure.
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