Surge
Peak XV Partners
Peak XV's seed-stage equity investment programme, with a dedicated investment partner for each company and applications open year-round.
Surge at a glance
| Part of | Peak XV Partners |
|---|---|
| Established | 2019 |
| Address | Singapore |
| Programmes | 2 standing programmes |
| Official website | surge.peakxv.com |
Track record
What Surge reports about its portfolio.
These are the site's own figures. The home page counts 170 companies, and a separate page puts the founder community at 400+. Third-party listings give different counts for Surge's investments, and the pages read do not reconcile them.
All figures self-reported — surge.peakxv.com, as of Oct 2026.
Programmes they run
Standing programmes at Surge, separate from the funding calls above.
Surge is an equity investment, not a grant. The Future Founders Fellowship is a paid, in-person summer fellowship for students at six named campuses.
Surge
FundSeed-stage equity investment, with a dedicated investment partner for each company from day one.
Best for: Early-stage founders, including those at the idea stage.
- Takes equity
What you get, who can apply and how to applyHide details
Surge is Peak XV's seed-stage investment programme. It invests seed capital in each company through an equity investment, and the site says it works with founders at the idea stage.
What you get
- Seed capital through an equity investment, in a structure that welcomes co-investors
- A dedicated investment partner from day one
- No board seat at the early stage
Who can apply
- Early-stage founders, including founders at the idea stage
- Founders at any stage of their journey
How selection works: The team reviews applications on a rolling basis and says it gets back to applicants within two to three weeks.
How to apply: Submit the application on the Surge apply page. Applications are open year-round.
Future Founders Fellowship
FellowshipAn eight-week, full-time, in-person fellowship in Bangalore for students at six named campuses, placed inside a Peak XV startup.
Best for: Students in their second to fourth year at six named campuses.
- 8 weeks
- In person
With IIT Delhi, IIT Bombay, IIT Madras, IIT Kanpur, IIT Kharagpur, BITS Pilani (Pilani Campus)
What you get, who can apply and how to applyHide details
The Future Founders Fellowship is an eight-week, full-time, in-person summer fellowship in Bangalore for students at six named campuses. The site lists applications closing in August 2026, so this intake is closed.
What you get
- A monthly stipend
- Eight weeks embedded in one of Peak XV's startups
Who can apply
- Students in their second to fourth year at IIT Delhi, IIT Bombay, IIT Madras, IIT Kanpur, IIT Kharagpur or BITS Pilani (Pilani Campus), with a bias toward second and third years
- Available full-time in Bangalore for eight weeks, June to August 2027
How selection works: A small group of fellows will be selected from the six campuses to form the first cohort.
How to apply: The fellowship has its own page on the Surge site.
News
- Peak XV Raises Surge Seed Investment Cap to $5M Across Global Startup Cohortkonsulteer.com · 3 weeks ago
- Peak XV unveils Surge 12 with 18 startups across AI, robotics, space, consumer, healthcare, music and fintechentrackr.com · 3 weeks ago
- Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohorttechcrunch.com · 3 weeks ago
Source: Google News aggregated
How to apply to Surge
Choosing between Surge and the fellowship
- Early-stage founders building a company: apply to Surge. It is an equity investment, not a grant.
- Students in their second to fourth year at one of the six named campuses: look at the Future Founders Fellowship. It is an eight-week, full-time role in Bangalore.
How applications work
- Surge applications are open year-round and reviewed on a rolling basis.
- The team says it gets back to applicants within two to three weeks.
- The fellowship calendar lists applications closing in August 2026, so check its page for the next intake before you apply.
About Surge
Surge is the seed-stage investment programme of Peak XV Partners, a venture firm that describes itself as having 20+ years of experience partnering with founders. It started in 2019, invests seed capital in each company through an equity investment, and is open to co-investors. Peak XV's offices are in the US, India, Singapore and the UAE, and the site does not name one base for Surge.
What Surge offers
Surge invests seed capital through an equity investment and does not take a board seat at the early stage. Each company gets a dedicated investment partner from day one. The site describes Surge as Peak XV's platform for seed-stage founders.
Who can apply
Surge works with early-stage founders, including founders at the idea stage. Applications are open to founders at any stage of their journey.
Current cohort and track record
The site labels Surge 12 as its current cohort, with 18 startups building across AI, robotics, space, consumer, healthcare, music and fintech. Its home page counts 170 companies, and a separate page puts the founder community at 400+. Third-party listings give different counts for Surge's investments, and this page has not reconciled them.
The pages also disagree on timing. One says the next cohort kicks off in September 2026. Another labels Surge 12 as the current cohort. The pages do not settle which is right.
Future Founders Fellowship
The site also runs the Future Founders Fellowship, an eight-week, full-time, in-person summer fellowship in Bangalore. Students in their second to fourth year at IIT Delhi, IIT Bombay, IIT Madras, IIT Kanpur, IIT Kharagpur or BITS Pilani (Pilani Campus) can apply, with a bias toward second and third years. Selected fellows spend eight weeks embedded in one of Peak XV's startups and receive a monthly stipend.
The inaugural cohort is run in partnership with those six institutions, and a small group of fellows will be selected from them. The calendar lists applications closing in August 2026, ahead of the June to August 2027 fellowship dates.
How to apply
Surge applications are open year-round through the apply page on the Surge site. The team reviews them on a rolling basis and says it gets back to applicants within two to three weeks. The fellowship has its own page on the same site.
Frequently asked questions about Surge
What does Surge do?
Surge is the seed-stage investment programme of Peak XV Partners, a venture firm that describes itself as having 20+ years of experience partnering with founders. It started in 2019, invests seed capital in each company through an equity investment, and is open to co-investors.
Where is Surge located?
Surge is based in Singapore.
What programs does Surge run?
Surge runs Surge and Future Founders Fellowship.
How do I apply to Surge?
- Early-stage founders building a company: apply to Surge. It is an equity investment, not a grant. - Students in their second to fourth year at one of the six named campuses: look at the Future Founders Fellowship. It is an eight-week, full-time role in Bangalore. - Surge applications are open year-round and reviewed on a rolling basis.
When was Surge founded?
Surge was founded in 2019. It is a venture capital investor.
Recommended grants & schemes
Other open programmes matching Surge's focus areas.