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- 1Gen Z founder builds $3.7 billion defense tech startup▼How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
Fortune profiles a young Gen Z entrepreneur who has built a defense technology startup valued at $3.7 billion, with backing from venture capital giant Sequoia. The story traces how the founder grew the company amid rising investor interest in defense tech. The item highlights the growing trend of young founders winning major funding in the sector.
- 2Peak XV raises Surge seed funding cap to $5 million●Peak XV lifts Surge seed cap to $5M, backs 18-startup cohort
Sequoia's India and Southeast Asia arm Peak XV Partners has raised the maximum seed cheque for its Surge accelerator program to $5 million and named an 18-startup cohort for its latest edition. The move marks one of the largest standard seed commitments among accelerator-style programs in the region, signaling renewed venture appetite for early-stage startups across India and Southeast Asia.