Index Ventures raises $2.3 billion startup fund

Index Ventures has announced a $2.3 billion fund, that will be used to invest in startups across Europe, the US, and Israel in order to take advantage of recent breakthroughs in AI.

The venture capital organisation is planning on using $800 million for investing in early-stage startups, and $1.5 billion for larger investments in later stage companies.

Index Ventures claims it is currently driven by three factors:

  • The rise of AI: AI has emerged as a catalyst for unprecedented innovation, reshaping our world from consumer markets to enterprise landscapes, healthcare, and beyond. This technological revolution is not just enhancing efficiency but also unlocking new realms of possibility, driving profound changes in how we live and work
  • Expanding tech expertise: There is a growing number of skilled professionals who have worked in startups and have experience scaling businesses. This critical mass of talent is speeding up the transfer of knowledge, helping new companies grow faster by learning from those who have been there before
  • Globalisation of entrepreneurship: Entrepreneurship is a global phenomenon. Whether you are an immigrant moving to an innovation hub, building a business in your home country, or creating a remote-first company, there are investors, talented people, and support networks ready to help you. These resources make it easier than ever to turn your ideas into successful ventures, no matter where you are

These trends are creating a whole new landscape for the next wave of entrepreneurs, making it simpler than ever to build and grow successful companies.

“Even though technology has transformed our daily lives, the reality is that it has so much further to go,” said Shardul Shah, Partner at Index Ventures. “AI alone will revolutionise virtually every sector of the economy and open up whole industries to venture that have remained virtually untouched. Meanwhile, hundreds of thousands of people have worked in hypergrowth startups globally and can transfer those lessons to the next generation of companies. We’re energised by the unique opportunities that this historical moment presents and excited to partner with founders to solve the world’s trickiest and most consequential problems.”

As technology continues to evolve at an unprecedented pace, Index Ventures remains committed to its mission of supporting visionary entrepreneurs. The firm is focused on emerging trends such as artificial intelligence, blockchain, and sustainable technologies, seeking to identify the next wave of transformative companies.

Index Ventures' track record of successful investments, including Revolut, Roblox, Scale AI, and DeepL, combined with its global presence and commitment to supporting founders, positions it as a leading force in the venture capital industry. As it continues to drive technological progress and shape the future of innovation, Index Ventures stands as a testament to the power of strategic investment and visionary thinking.

When Index’s founders succeed, they deliver significant returns for the firm’s limited partners, which include non-profit foundations, educational endowments, healthcare and research institutions, and other organisations focused on making a positive impact.