XV

Peak XV, which split from Sequoia in 2023, raised $1.3B across new India- and Asia-focused funds, bringing its total assets under management to over $10B

Peak XV, which split from Sequoia in 2023, raised $1.3B across new India- and Asia-focused funds, bringing its total assets under management to over $10B

Jagmeet Singh /TechCrunch:

Battery Ventures raised $3.25B for its XV fund, roughly matching its 2022 raise, to back software and industrial tech startups amid AI-led disruption concerns

Global investment firm Battery Ventures has raised $3.25 billion to fund new tech deals, including investments in software companies …

Nvidia says it is working with Peak XV, Z47, and other VC firms in India to fund AI startups; 4,000+ Indian AI startups have joined its global startup program

Dylan Butts /CNBC:

Bengaluru-based C2i Semiconductors, building a “grid-to-GPU” power system for datacenters, raised a $15M Series A led by Peak XV, bringing total funding to $19M

Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers.