PeakXV holds over 21% of Grapevine

Congratulations Team Grapevine

no, thats par for the course in seed rounds, big institutional VCs like to atleast get >15% stake, otherwise the math doesnt work out for them.

Roughly at a 12.5M valuation, that puts their check size at ~3M, which is Peak’s average size as well.

A key question for me is if the user data/identity safe?