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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 $5M with new 18-startup cohort●Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort https://techcrunch.com/2026/09/28/peak-xv-go
Venture capital firm Peak XV Partners has increased the maximum seed investment through its Surge accelerator program to $5 million and introduced a new cohort of 18 startups. The move comes as the firm reportedly raises the bar for Series A funding, with the new cohort reportedly focused on AI startups.