Peak XV's Surge 09 Program launched, will empower 13 startups specialising in AI, deep tech innovations

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New Delhi: Investment firm Peak XV, as part of its rapid scale-up initiative known as Surge, unveiled its ninth cohort of early-stage startups specialising in deeptech, artificial intelligence (AI), and other promising fields. “Surge 09,” the name of this new cohort, brings together 32 founders hailing from 13 different startups. It includes two startups from Australia in addition to seven from India and four from South-East Asia.

This launch is the first cohort to emerge since Peak XV’s rebranding from Sequoia India & Southeast Asia. The venture capital firm has also expanded its reach into the Asia-Pacific region, incorporating Australian startups into the program, they said in a statement. Peak XV expressed their enthusiasm for this expansion, citing the abundance of talent in AI and deeptech fields across Asia.

Rajan Anandan, Managing Director of Peak XV and Surge 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.”

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