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Peak XV Partners has unveiled the 12th cohort of its seed stage programme Surge, comprising 18 early stage startups across artificial intelligence, robotics, space, consumer, healthcare, music and fintech. The cohort includes Alma, August AI, Ditto, GameStock, hiloop, Hoola Health, Kello, Kindling, Puralink, Reinforce Labs, Riffle, Rosella, Tribe Money, ULOOK and Wingit, along with three startups that are currently in stealth mode. Among the startups, Alma is building AI native personal computing infrastructure, while August AI is developing AI powered clinical intelligence for primary care. Ditto is working on an AI dating matchmaker inside iMessage, while GameStock is building a social and competitive layer for financial markets. Hoola Health is building a paediatric care platform, while Kello is developing a people intelligence engine. Kindling is building a storytelling platform for technology startups and Reinforce Labs is focused on AI evaluation, red teaming and remediation for enterprises. Puralink is developing autonomous robots for underground pipe infrastructure, while ULOOK is building RF sensing satellites for spectrum intelligence. Riffle is working on a browser based collaborative music platform, while Rosella is building an AI native commercial insurance brokerage. Tribe Money is developing an AI based personal finance platform, while Wingit is building a beauty platform for premium consumers. The cohort also includes founders with experience at companies such as Google, Airbnb, Microsoft Research, Sarvam AI and Reducto. Kello cofounder Mona Gandhi was Airbnb’s first female engineer, while Reinforce Labs founder Anish Das Sarma previously led AI and machine learning teams as a Director at Google. Peak XV said the latest Surge cohort reflects a shift towards AI becoming the underlying architecture of products, alongside startups rebuilding familiar consumer experiences and applying technology to physical infrastructure. Surge provides seed stage startups with up to $5 million in funding along with support across hiring, product, engineering, go to market, marketing, communications, policy and global expansion. Since its launch in 2019, Surge has backed more than 180 startups across more than 18 nationalities. Its top 10 companies generate more than $1 billion in annual revenue, according to Peak XV.
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