With a greater focus on deeptech and AI, the selected startups cover a wide spectrum of industries, including manufacturing, quantum computing, climate tech, and healthtech
A statement by Peak XV mentioned that over 75% of the shortlisted startups in Surge 09 have cross-border operations and ambitious plans for global expansion
This latest cohort represents the venture capitalist's initial foray into the Asia-Pacific market expansion, featuring the inclusion of two startups based in Australia
Venture capital firm Peak XV has announced the launch of the ninth cohort of its accelerator and incubation programme, Surge, featuring 13 early-stage startups. Seven out of the 13 startups are based in India.Commenting on the launch, the managing director of Peak XV and Surge, Rajan Anandan, said, “As we kick start new company-building journeys with our Surge 09 founders, it is clear that we are witnessing the incredible growth of AI and deeptech innovation, as well as the abundant talent in these sectors emerging from Asia.”