London and US-based Index Ventures, a venture capital firm, recently raised $2 billion (approx €1.8 billion) for two new funds. Out of which, $800 million (approx €732 million) will go to “Index Ventures 10,” and the remaining $1.2 billion (approx €1.09 billion) will be with “Index Growth 5”. The new investors include – Mother Cabrini Health Foundation based out of New York and Smithsonian Institution.
Officially founded in Switzerland in 1996, Index Ventures has earlier backed some of the significant startups including Dutch fintech scaleup Adyen, Dropbox, iZettle, and Zuora. Index Ventures is a venture capital firm based in London, San Francisco, and Geneva, helping entrepreneurs turn bold ideas into global businesses.