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- 1Gen Z founder builds $3.7 billion defense tech startup with Sequoia backing▼How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
A young entrepreneur has built a defense technology startup now valued at $3.7 billion, with venture capital firm Sequoia among its backers. The story highlights the founder's rapid rise in a sector traditionally dominated by established contractors, and reflects growing investor interest in defense tech amid rising global security concerns.
- 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.