Index Ventures, a multi-stage international venture capital firm recently raised a capital of $1.65 billion for two new funds. Dividing this fund into two – the firm is planning to invest $1 billion in the growth rounds, whereas the $650 million will be spent on helping smaller startups in its early rounds. Having said that, Index Ventures has raised around $7.25 billion overall till date, using that money to seed and grow hundreds of startups.
30% rise in funds
Founded in Switzerland in 1996, Index Ventures has raised 30% more fund this time than it raised in 2016. It’s worth mentioning here that the firm has earlier back some of the significant startups including Dutch FinTech scaleup Adyen, Dropbox, iZettle, and Zuora.Â
Next promising startups on Index’s list!Â
As of now, Index Ventures is planning to help some of the promising startups including Bird, Deliveroo, Slack, Robinhood, Revolut, and Patreon.
A journey of a lifetime!
Index Ventures in their blog said, ” We continue to have the privilege to work with a vast number of brilliant and driven entrepreneurs from all walks of life, and it’s our close relationships with these pioneers that drives everything we do. They’ve made this the journey of a lifetime, and we’d like to thank them for their trust and for believing in us. “
Team of 21 investor!
Currently, Index Ventures has 21 people on its investment team, with 7 women onboard. Last month Bird raised fund around $2 billion valuations, with Index investing on it. Talking about it, Index Venture recognized the potential for Bird, after analyzing its global perspective of the company.Â
Index Ventures said, “We know from working so closely with many great entrepreneurs that the culture and values of a company — how it expresses its character and its ambition — are so important to achieve its mission. It was lessons from these entrepreneurs — how to look at the world in a different way, how to take intelligent risks, and ultimately how to always envision a stronger Index — that have driven us to achieve what we have today.“
For more updates, stay tuned to Silicon Canals.