Index Ventures raises $2.3 billion for new venture and growth funds

Index Ventures is announcing $2.3 billion in new funds to finance the next generation of tech startups globally. These new funds are spread across different stages with $800 million dedicated to venture investment and $1.5 billion set aside for growth and late-stage companies. 

How do these funds compare to the previous ones? In 2021, Index Ventures raised $900 million for Index Ventures XI and $2 billion for Index Ventures Growth VI , and it also has a separate early-stage fund. The firm raised $300 million in 2022 for its seed fund, Index Origin II. 

So this fund is a hair smaller. But the firm says that this is just about raising the right amount for the current market. Index says it spent mere weeks on this fundraising process and raised the funds entirely with its existing LP base.

By Romain Dillet.

Full story at Yahoo News.