TLDR:
Peak XV announces ‘Spark 03’ with 16 female founders and 14 companies. The Spark fellowship for female founders offers a curated community of startups from various sectors, including AI, healthcare, SaaS, and sustainable lifestyle products. The program includes a $100,000 equity-free grant and perks worth over $1 million for each startup.
Peak XV announces ‘Spark 03’ with 16 female founders, 14 companies
Venture capital firm Peak XV has introduced the latest cohort of its Spark fellowship program for female founders. The program includes 14 companies and 16 female founders, focusing on various sectors such as artificial intelligence, healthcare, SaaS, and sustainable lifestyle products.
The founders selected for Spark 03 impressed the firm with their ambition, first principles thinking, and rich operating experience. The curated community of startups now includes 48 founders and 41 startups from over 10 sectors in less than three years.
Spark 03 offers a four-month-long program that includes a $100,000 equity-free grant and perks worth over $1 million for each startup. The participating companies cover a range of industries, from AI to healthcare and sustainable lifestyle products.
Overall, the Spark fellowship program aims to support and develop female founders into the leaders of tomorrow, providing them with the resources and opportunities to succeed in their respective industries.