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

Peak XV Partners has increased its maximum seed investment through Surge from $3 million to $5 million per company. The new Surge 12 cohort includes 18 startups spanning AI, robotics, space, healthcare and fintech, with over $50 million invested and more than $90 million raised collectively by the companies.

• Surge investment ceiling rises from $3M to $5M per company
• Surge 12 includes 18 startups with over $50M invested
• Cohort companies raised more than $90M in seed funding
• Only 5 of 18 startups target India; the other 13 go global