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TechCrunch · AI· Jagmeet Singh·· 3 d ago

Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort

Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort

AI summary

Peak XV Partners raised the per-investment limit of its seed platform Surge from $3 million to $5 million and announced 18 start-ups in Surge 12. Investment in the batch exceeds $50 million, and the companies have collectively raised more than $90 million. Only five focus on India, while the other 13 target global markets.

Selection record

Not admittedSum of both 40 < twice the threshold 152

Source tier
Media and individuals; this tier's threshold is 76
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A model scores each item twice, independently, against one written standard, out of 100. An item is admitted only when the two scores add up to twice the threshold. The threshold is set per source tier.

Source: TechCrunch · AI · techcrunch.com