Peak XV’s Surge Programme Selects 18 Startups for 12th Cohort After Revamp
Summary
Peak XV Partners selected 18 startups for the 12th cohort of its Surge seed-stage program after revamping the initiative. The cohort spans AI, robotics, space technology, healthcare, financial services, insurance, and consumer-focused products. Peak XV now allows Surge to invest up to $5 million per company, giving it more flexibility to support early-stage founders. The program also provides operational help across hiring, product, engineering, go-to-market, marketing, and expansion. Around half of the cohort builds AI-native products or enterprise AI infrastructure, signaling continued investor interest in applied AI and software-enabled business models.
Funding
Amount
$1.0M
Total raised
Date
September 28, 2026
Announcement date
Investors
Surge, Alma, Google
Lead investors
Company
https://www.riffle.studio/
Funded company
AskAI Classifications
Sectors
Manufacturing Industry
Fintech, Banking and Payments
Asset Management and Predictive Maintenance
Functions
Developer and IT Infrastructure
Process Automation
Development Platforms
Linked Companies
Puralink
up to $1M
Hiloop, Inc.
up to $1M