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Tags: Peak XV Partners

Peak XV Partners Backs Indian Startup C2i to Tackle Power Inefficiency in AI Data Centers

Peak XV Partners Backs Indian Startup C2i to Tackle Power Inefficiency in AI Data Centers
Peak XV Partners has led a Series A investment in C2i Semiconductors, an Indian startup developing plug‑and‑play, system‑level power solutions for AI data centers. C2i aims to reduce the 15%‑20% energy loss that occurs when high‑voltage power is stepped down to GPUs, potentially cutting overall power consumption by about 10%. The company, founded by former Texas Instruments executives, is preparing its first silicon designs for validation with data‑center operators and hyperscalers. The investment reflects growing concern that power, rather than compute, is becoming the primary constraint on scaling AI infrastructure. Read more

AI Recruiter Alex Secures $17 Million Series A to Automate Early‑Stage Job Interviews

AI Recruiter Alex Secures $17 Million Series A to Automate Early‑Stage Job Interviews
Alex, an AI‑driven recruiting startup, announced a $17 million Series A financing led by Peak XV Partners with participation from Y Combinator, Uncorrelated Ventures and several chief human resources officers. The funding follows a $3 million seed round and will be used to expand its voice‑AI platform that conducts autonomous screening interviews for employers. Co‑founder Aaron Wang, a former Facebook engineer, says the technology can handle thousands of interviews daily, delivering richer candidate profiles than traditional résumé data. Competitors include HeyMilo, ConverzAI and Ribbon. Read more