AI Firms Dominate Peak XV’s Latest Program to Boost Startups

Shailendra SinghPhotographer: Lionel Ng/Bloomberg
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Venture capital firm Peak XV Partners said the latest batch of its accelerator program are made up mainly of AI and deep tech startups, as global investors jostle to be early in such companies.

Peak XV, formerly known as Sequoia Capital India & Southeast Asia, said there are 13 startups in the newest Surge cohort, of which 10 are in the AI and deep tech field. Seven of the startups are from India, four from Southeast Asia, and two from Australia, the fund said Monday.