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Peak XV raises Surge seed investment cap to $5 million and unveils 18-startup cohort

Peak XV raises Surge seed investment cap to $5 million and unveils 18-startup cohort

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Summary

Peak XV has increased the maximum seed investment under its Surge program to $5 million. The fund has also unveiled a new cohort of 18 startups.

Details

Peak XV has raised the ceiling for seed investments through its Surge program to $5 million, TechCrunch reports.

Alongside the change, the fund unveiled a new cohort of 18 startups joining the program.

The available information does not include further details about the companies in the cohort or the investment terms.

NEXORA AI — Why it matters

The change increases the maximum funding available to startups participating in the Surge program.

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