Index Ventures Raises US$2.3B for AI Breakthroughs

Supraja

Index Ventures has successfully raised US$2.3 billion in new funds, marking a substantial investment aimed at financing the next generation of tech startups globally.

The new funds will be allocated across different stages, with a significant portion dedicated to venture investment and growth for startups, particularly those in the AI sector.

Of the total funds, US$800 million is earmarked for venture investments, while $1.5 billion is set aside for growth and late-stage companies.

In comparison to previous fundraising efforts, this new fund is slightly smaller but is strategically sized to match the current market opportunities and the sizes of growth rounds happening now.

Index Ventures views the recent advancements in AI as a major technological breakthrough that could spur a new wave of startup opportunities, particularly in areas that build upon foundational AI models.