Peak XV’s scale-up programme Surge opens application for its 10th cohort

Peak XV's Surge, a rapid scale-up programme for early-stage companies, said its upcoming 10th cohort will launch in India this October. The application deadline is August 15, 2024, with the Surge programme concluding in the United States in October.

Rajan Anandan, MD of Peak XV and Surge, recently tweeted an invitation to founders worldwide, highlighting a focus on AI startups seeking seed funding. 

The venture capital firm revealed its AI portfolio comprising 28 companies spanning various stacks of AI technology, such as Sarvam.ai and Consequent AI in foundational models; Atlan and RedBrick AI in AI tools and infrastructure; Invideo and Pix.ai in consumer and professional AI applications; Gan.AI, Aampe, and Relevance AI in enterprise AI; and Arintra and Attentive in specialised vertical AI domains, among others.

The previous Surge cohort (9th) was primarily focused on AI and deep tech, with 10 out of 13 startups specialising in advanced manufacturing, quantum computing, climate tech, health tech, and other fields. 

“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,” said Sanket Shah, Founder of InVideoon X.