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The quick scale-up programme Surge by Peak XV for early-stage companies has announced that its 10th cohort will begin in India in October. August 15, 2024 is the deadline for applications. The Surge project will end in October in the United States.
With an emphasis on AI startups looking for early funding, Rajan Anandan, MD of Peak XV and Surge, recently tweeted an invitation to founders globally.
The venture capital firm unveiled its AI portfolio, which consists of 28 companies across multiple AI technology stacks, including Arintra and Attentive in specialised vertical AI domains; Gan.AI, Aampe, and Relevance AI in enterprise AI; Sarvam.ai and Consequent AI in foundational models; Atlan and RedBrick AI in AI tools and infrastructure; and Invideo and Pix.ai in consumer and professional AI applications.
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With 10 out of 13 businesses concentrating in advanced manufacturing, quantum computing, climate tech, health tech, and other domains, the previous Surge cohort (9th) was mostly concentrated on AI and deep tech.
Sanket Shah, Founder of InVideo, “Surge forces you to set the standard and ambition extremely high. It shows you what excellence truly looks like in several disciplines of business. This can never happen in a small setting. The programme is tactical in parts, and it also inspires you in many parts. It’s the best seed fund of the country today, and Rajan Anandan and crew is a force of nature,”
About Peak XV
Founded in 2006, Peak XV Partners (formerly Sequoia Capital India & SEA) is a leading venture capital and growth investing firm investing across India, Southeast Asia and beyond. Our new name, Peak XV (pronounced Peak Fifteen) was the name used for Mount Everest before it was called that.
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